For the week of July 2 to 8, 2026, the residential market on the Island of Montreal shows a clear rebalancing in favor of buyers. There were 293 properties sold, compared to 352 during the same period last year (a -17% decrease), while expired listings jumped by 43%. Supply is accumulating (678 new listings), and condominiums as well as small plexes are slowing down — while single-family homes and triplexes are holding strong. Here are the details, category by category.
🎥 The Montreal market in brief — week of July 2 to 8, 2026.
Weekly Overview
| Category | Sold (7 days) | Sold (last year) | Expired (7 days) | Expired (last year) | New Listings | Sector No. 1 |
|---|---|---|---|---|---|---|
| Condominium | 132 | 183 | 173 | 110 | 402 | Ville-Marie (23) |
| Single-family | 97 | 92 | 34 | 32 | 172 | Rivière-des-Prairies (14) |
| Duplex | 30 | 42 | 11 | 5 | 44 | Ahuntsic (4) |
| Triplex | 18 | 15 | 9 | 13 | 31 | — |
| 4-plex | 9 | 10 | 5 | 3 | 12 | — |
| 5-plex and + | 7 | 10 | 6 | 3 | 17 | — |
| Total | 293 | 352 | 238 | 166 | 678 | — |
What the numbers reveal
The strongest signal of the week is the significant increase in expired listings year-over-year: +57% for condominiums, +120% for duplexes, +100% for buildings with 5 units or more. In other words, more and more properties are not finding buyers at the asking price — a classic indicator of a market tightening for sellers.
Regarding sales, condominiums (−28% year-over-year), duplexes (−29%), and 5-plexes and more (−30%) are slowing down significantly. In contrast, single-family homes (+5%) and triplexes (+20%) are holding up well. Supply remains abundant: condominiums alone generated 402 new listings this week.
For a seller, the lesson is clear: in this context, the right listing price from the start has never been more crucial. For a buyer, this means more choices and better negotiating power, especially for condominiums and small plexes.
Key Transactions of the Week
Highest sales by category:
| Category | Address (sector) | Sold price | % of asking price | Days |
|---|---|---|---|---|
| Condominium | 846 Rue Agnès — Le Sud-Ouest | $1,600,000 | 84 % | 65 days |
| Single-family | 61 Cours Gables — Beaconsfield | $3,497,000 | 100 % | 66 days |
| Duplex | 636-638 Av. Davaar — Outremont | $2,500,000 | 96 % | 56 days |
| Triplex | 6680-6684 Av. Léon-Trépanier — Ahuntsic-Cartierville | $1,480,000 | 93 % | 83 days |
| 4-plex | 7443-7447 Rue De Normanville — Villeray/Saint-Michel/Parc-Extension | $1,310,000 | 90 % | 62 days |
| 5-plex and + | 4864-4872 Av. Papineau — Le Plateau-Mont-Royal | $1,750,000 | 97 % | 33 days |
And the lowest sales by category:
| Category | Address (sector) | Sold price | % of asking price | Days |
|---|---|---|---|---|
| Condominium | 2320 Rue Tupper #1710 — Ville-Marie | $259,000 | 93 % | 105 days |
| Single-family | 2220 Ch. Laval — Saint-Laurent | $394,000 | 88 % | 46 days |
| Duplex | 2276-2278 Rue Frontenac — Ville-Marie | $437,000 | 67 % | 125 days |
| Triplex | 30 Rue Leslie-Gault — Ahuntsic-Cartierville | $690,000 | 89 % | 107 days |
| 4-plex | 8264-8268 Rue Hochelaga — Mercier/Hochelaga-Maisonneuve | $861,000 | 100 % | 26 days |
| 5-plex and + | 12430 63e Avenue — RDP/Pointe-aux-Trembles | $975,000 | 81 % | 187 days |
To note this week: a single-family home in Beaconsfield sold at 100% of the asking price ($3,497,000), and a 4-plex in Mercier–Hochelaga-Maisonneuve sold above the listed price in just 26 days — proof that, even in a rebalancing market, a well-positioned property sells quickly and at the right price.
Multi-unit focus (5 units and more)
For the segment of buildings with 5 units or more this week: an average Gross Income Multiplier (GIM) of 16.38 and an average price per door of $262,881. The fastest sale in this segment: a building in Plateau-Mont-Royal, with an accepted offer in 5 days.
FAQ
Is the Montreal real estate market slowing down in July 2026?
Yes, in the short term. For the week of July 2 to 8, 2026, residential sales on the Island of Montreal are down approximately 17% year-over-year, and expired listings are up 43%, a sign of a market rebalancing in favor of buyers.
Which sector sold the most this week?
For condominiums, Ville-Marie leads with 23 sales; for single-family homes, Rivière-des-Prairies (14 sales); for duplexes, Ahuntsic (4 sales).
What is the GIM (Gross Income Multiplier)?
It is the ratio between the selling price of an income property and its annual gross income. The lower it is, the more “profitable” the building is relative to its income. This week, it averages 16.38 for buildings with 5 units or more.
What is the Tardif Index?
The Tardif Index is the weekly and monthly indicator of the residential market on the Island of Montreal, produced by Endurance Groupe Immobilier by Tardif using real transactional data.
Where can I find previous bulletins?
All weekly and monthly bulletins are grouped on the Tardif Index page.
Methodology: real transactional data from the Island of Montreal (source Centris), compiled by the Tardif Index. Open dataset under CC BY 4.0 license. For informational purposes only; does not constitute an appraisal.
About the Author — David Tardif
Residential and commercial real estate broker (OACIQ, license E2815), founder of Endurance Real Estate Group by Tardif and creator of the Tardif Index. Over 20 years of experience, #1 award-winning team in Canada (Royal LePage 2024-2025), 375+ Google reviews 4.9/5. Learn more about David.