House prices in Quebec: trends and forecasts for 2026

14 Apr 2026

The Quebec real estate market is constantly evolving, influenced by various economic, demographic, and regional factors. In 2026, house prices continue to display significant increases, reflecting a complex dynamic that deserves thorough analysis.

Current trends in the Quebec real estate market

According to Royal LePage's forecasts, the median property price in Quebec is expected to rise by 7% in 2026, reaching $485,138. This trend contrasts with other Canadian provinces where declines are anticipated. Notably, the city of Quebec stands out with an expected 12% increase, bringing the median property price to $501,984 (journaldemontreal.com).

Regional differences: Montreal, Quebec City, and other regions

The Quebec real estate market is not homogeneous and shows notable disparities according to the region:

Montreal: The median price of a single-family home is estimated at $615,000, while that of a condo is $428,000. After substantial increases, the market is moving toward balance, particularly for cooperatives (courticonnect.ca).
Quebec City: The city is experiencing a record price increase, with the median price of homes rising by 14%, to around $536,600 (egan.qc.ca).
Remote regions: Regions such as Abitibi-Témiscamingue show more affordable prices, with an average home price estimated at $180,000, about 70% less than Montreal's price (quebec-immo.com).

Advice for buyers and sellers

Buyers:

Accurate appraisal: Hire a professional to estimate the real value of the property you are considering.
Financial preparation: Ensure you have a solid financing file and consider consulting a mortgage broker to obtain the best rates.
Knowledge of the local market: Stay informed about region-specific trends, as they can vary significantly.

Sellers:

Property presentation: Highlight the strengths of your property to attract potential buyers.
Flexibility: Be ready to negotiate and adjust your price based on market feedback.
Timing: Identify periods of the year when demand is strongest to maximize your chances of a quick sale.

Conclusion

In 2026, the Quebec real estate market continues to show positive momentum, with notable price increases, particularly in Quebec City. Interest rates remain relatively stable, offering opportunities for buyers. However, regional disparities require a tailored approach for each transaction. Buyers and sellers must be well informed and prepared to navigate effectively in this ever-evolving market.

Sources

The information in this article is for general purposes only and may not reflect current laws or regulations. Verify any details with a qualified professional before making decisions. Some portions may have been created with AI assistance and should be confirmed for accuracy.

Written by Karine Haché

Mortgage broker