Montreal Housing Market Forecast: 46,500 MLS Sales by 2027

What are the future trends for the Montreal housing market? Montreal's MLS sales are projected to reach 46,500 by 2027, indicating a slight increase compared to 2026 as demand strengthens across the market. The average housing prices in Montreal are expected to hover around $685,000, signifying moderate appreciation while Quebec maintains a balanced housing scenario. The rental vacancy rate in the metropolitan area is anticipated to rise to 4.8%, driven by an influx of new housing supply that eases pressure on tenants. Additionally, housing starts are forecasted at approximately 22,000 units, showing substantial activity even as apartment construction moderates.

Understanding these trends in the Montreal housing market can be crucial for prospective buyers and investors looking to navigate future opportunities.

For expert insights on the Montreal real estate market, connect with Ming Xing Ren, REALTOR® at L'Expert Immobilier PM Inc..