The latest report from the Quebec Professional Association of Real Estate Brokers (QPAREB), shows that condo sales rose by 12 per cent across the province in March, compared to the same period in 2024..The average price also increased to $395,000, a 7 per cent jump from $369,900.

Overall sales were up 9 per cent as the spring market began. In the Montreal CMA, they reached 4,975, an increase of 12 per cent, compared to the same period last March, which is slightly below the historical average for this time of year.

Condo sales in the Montreal CMA climbed by 15 per cent, with the average price rising by 5 per cent to $420,000. This is still comparatively more affordable than single-family homes, where the average price is currently $610,000—8 per cent higher than last March. There were also more active condo listings at 8252, compared to 7718 last year. Meanwhile, active listings for single-family homes decreased by 3 per cent.

Marked increases were noted in locations like the Island of Montreal, where condo sales rose by 19 per cent, compared to last March. The average price there is now $482,500. Condo sales in the North Shore of Montreal were up by 14 per cent, with the average price rising by 10 per cent.

Quebec City showed more stability with sales, recording an increase of one per cent. Active listings were down 27 per cent, while new listings were up by 15 per cent. Looking at condos, the average price ($320,500) grew by 19 per cent. Active listings were down by 33 per cent compared to 2024, while condo sales rose by 5 per cent.