Quebec Housing Market Outlook 2026

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Québec’s Spring Market Slows, but Prices Refuse to Budge

According to the Quebec Professional Association of Real Estate Brokers (QPAREB) and the Government of Québec, provincial residential sales totalled 9,532 transactions in April 2026, down 6% from April 2025. The slowdown extends a pattern that began in early 2026, as economic uncertainty and affordability challenges prompt buyers to be more cautious. Yet prices continue to climb across every property category, and selling times are shrinking rather than stretching.

• The provincial median single-family price rose 5% year-over-year to $527,000, condos held at $400,000 (up 1%), and plexes jumped to $720,000 (up 5%). Total sales volume came in at $5.40 billion, essentially flat from a year ago despite fewer transactions. Average days on market fell to 43 from 53 a year earlier, a 10-day drop that signals sellers still hold the upper hand in most regions.
• Active listings climbed 13% to 41,042 properties on the Centris system, a welcome increase after years of tightening. QPAREB market analysis director Charles Brant noted that “consumer confidence has weakened amid a slowdown in Québec’s economy, persistent inflation concerns, and ongoing geopolitical uncertainties,” prompting many households to “take a step back before proceeding with a real estate project.”
• The Québec City CMA illustrates the province’s supply challenge in sharp relief. Despite a 21% jump in active listings, inventory remains 58% below the 10-year average. Sales fell 7%, but the market remains firmly in seller territory. QPAREB economist Camille Laberge explained that “the recent increase in supply is good news for pent-up demand after several years of shortages, even though it is still far from restoring market balance.”

Québec’s combination of rising prices and cautious buyers creates a narrow window where preparation pays off. A mortgage pre-approval lets you move decisively when the right property appears. Connect with nesto mortgage experts to get started.

Quebec Housing Market Highlights

• The average selling price of a home in Quebec increased by 5% year-over-year to $550,800 in April.
• The average selling price of a single-family home in Quebec increased by 5.7% year-over-year to $625,500 in April.
• The average selling price of a townhouse/multiplex in Quebec increased by 2.3% year-over-year to $589,000 in April.
• The average selling price of a condo in Quebec increased by 4% year-over-year to $419,400 in April.
• The average rent in Quebec decreased by 2.3% year-over-year to $1,942 for April.
• May 28, 2026: Today’s lowest mortgage rate in Québec is 4.14% for a 5-year fixed.

Data from the Quebec Professional Association of Real Estate Brokers (QPAREB) indicates that the average price of resale residential homes sold across Quebec in April was $550,800, and itincreased of 5% compared to a year ago.

QPAREB also reported a sales-to-new-listings ratio (SNLR) of 60%, indicating Balanced market conditions in Quebec for April.

Composite Home Prices

Single-family Home Prices

Townhouse and Multiplex Prices

Condo Prices

Transactions –  Number of Sales

New Listings

Real Estate Market

The sales-to-new-listings ratio (SNLR) measures the number of home sales compared to new listings. An SNLR below 40% indicates a buyer’s market, where buyers hold the upper hand and greater negotiating power. An SNLR between 40% and 60% is a balanced market, while an SNLR of over 60% is considered a seller’s market. 

Annual Changes to Quebec’s Regional Composite Home Prices

Annual Changes to Quebec’s Composite Home Prices

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Quebec Market Rents Snapshot

The average rent in Quebec was $1,942 for the month of April, which decreased by year over year.

The average rent for a 1-bedroom apartment in Quebec was $1,733 for the month of April, which increased by year over year.

The average rent for a 2-bedroom apartment in Quebec was $2,204 for the month of April, which increased by year over year

Rental Price Changes by City

Rank	City	Total Average	1 Bedroom	2 Bedrooms	Year-over-Year Change
1	North Vancouver	$3,001	$2,523	$3,358	−5.7%
2	Vancouver	$2,679	$2,358	$3,317	−2.8%
3	Toronto	$2,504	$2,208	$2,863	−2.1%
4	North York	$2,488	$2,098	$2,654	−1.4%
5	Burnaby	$2,484	$2,119	$2,774	−6.7%
6	Oakville	$2,464	$2,201	$2,582	−13.9%
7	Etobicoke	$2,431	$2,111	$2,639	−4.1%
8	Kanata	$2,424	$2,248	$2,569	−7.9%
9	Coquitlam	$2,416	$2,125	$2,677	−9.7%
10	Burlington	$2,376	$2,124	$2,442	−5.2%
11	Mississauga	$2,355	$2,062	$2,440	−5.4%
12	Vaughan	$2,314	$2,078	$2,586	−1.3%
13	Langley	$2,289	$1,946	$2,456	−1.7%
14	Victoria	$2,271	$1,968	$2,607	−2.2%
15	Halifax	$2,256	$2,030	$2,534	−2.4%
16	Scarborough	$2,250	$1,895	$2,373	−6.3%
17	Brampton	$2,228	$1,939	$2,283	0.90%
18	Kingston	$2,228	$1,887	$2,333	12.40%
19	Waterloo	$2,210	$2,029	$2,358	−3.2%
20	Ajax	$2,192	$1,983	$2,196	−0.1%
21	East York	$2,186	$1,863	$2,498	−3.0%
22	Guelph	$2,171	$1,917	$2,231	−6.4%
23	Ottawa	$2,151	$1,945	$2,472	−4.0%
24	New Westminster	$2,145	$1,942	$2,684	−1.1%
25	Barrie	$2,128	$1,912	$2,229	−1.3%
26	Surrey	$2,108	$1,801	$2,183	−9.8%
27	Laval	$2,073	$1,708	$2,360	11.20%
28	Kamloops	$2,064	$1,837	$2,103	−3.3%
29	Kelowna	$2,051	$1,739	$2,219	−4.0%
30	Greater Sudbury	$2,026	$1,795	$2,186	−10.8%
31	Cambridge	$2,019	$1,812	$2,109	−4.5%
32	Nanaimo	$2,015	$1,820	$2,213	1.20%
33	Peterborough	$2,008	$1,729	$1,984	−1.3%
34	Airdrie	$1,999	$1,501	$1,771	0.30%
35	Hamilton	$1,981	$1,717	$2,317	6.20%
36	Montreal	$1,971	$1,793	$2,341	3.00%
37	Oshawa	$1,964	$1,713	$2,016	−5.6%
38	Brantford	$1,929	$1,752	$2,103	4.90%
39	London	$1,925	$1,680	$2,055	−4.6%
40	Brossard	$1,913	$1,726	$2,030	−12.5%
41	Kitchener	$1,889	$1,714	$2,061	−6.6%
42	Calgary	$1,869	$1,522	$1,842	−3.7%
43	Niagara Falls	$1,845	$1,688	$1,999	−3.4%
44	St. Catharines	$1,800	$1,621	$1,895	−3.9%
45	Gatineau	$1,780	$1,592	$1,895	−8.0%
46	Welland	$1,769	$1,576	$1,927	5.10%
47	Côte Saint-Luc	$1,751	$1,443	$2,006	−13.2%
48	Sarnia	$1,693	$1,493	$1,789	−4.5%
49	Winnipeg	$1,662	$1,446	$1,793	0.80%
50	Windsor	$1,615	$1,482	$1,790	−9.1%
51	Edmonton	$1,603	$1,279	$1,637	−1.0%
52	Red Deer	$1,585	$1,340	$1,523	−0.7%
53	Saskatoon	$1,534	$1,323	$1,562	−0.8%
54	Lethbridge	$1,500	$1,332	$1,519	−1.1%
55	Quebec City	$1,481	$1,323	$1,683	−3.3%
56	Regina	$1,452	$1,301	$1,533	1.60%
57	Medicine Hat	$1,403	$1,240	$1,394	0.30%
58	Fort McMurray	$1,357	$1,164	$1,410	−1.0%
59	Lloydminster	$1,264	$1,069	$1,333	6.10%
60	St. John's	$1,125	$1,073	$1,249	5.60%

Average Rent by City
Source: Rentals.ca Network Data & Urbanation Inc.

Rental Price Changes by Province

Rental Price Growth by Housing Type

How Does Renting Compare with Homeownership in Quebec?

Each $100,000 in mortgage balance costs an average of $533.64 per month on nesto’s lowest fixed 5-year rate at 4.14% and $495.28 per month on nesto’s lowest adjustable 5-year rate at 3.40%.

For each $100,000 in mortgage balance, a 0.25% change in Canada’s policy rate impacts the monthly payment by $13.23. Rates used for calculation are those offered on insured purchases with less than a 20% downpayment on a 25-year amortization. Canada’s policy rate is 2.25%, and nesto’s prime rate is set to 4.45%.

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Frequently Asked Questions (FAQ) About Québec Housing Market Outlook for 2026

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Why Choose nesto

At nesto, our commission-free mortgage experts, certified in multiple provinces, provide exceptional advice and service that exceeds industry standards. Our mortgage experts are salaried employees who provide impartial guidance on mortgage options tailored to your needs and are evaluated based on client satisfaction and the quality of their advice. nesto aims to transform the mortgage industry by providing honest advice and competitive rates through a 100% digital, transparent, and seamless process.

nesto is on a mission to offer a positive, empowering and transparent property financing experience – simplified from start to finish.

Contact our licensed and knowledgeable mortgage experts to find your best mortgage rate in Canada.

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