There were 2,853 home sales completed in the Greater Montreal area in August, a drop of 13 per cent compared with the year-earlier period, the Quebec Professional Association of Real Estate Brokers (QPAREB) reported on Friday.
However, August’s transactions represented a decline of just two per cent compared with July 2026.
The QPAREB report for August also found that the supply of properties for sale continued to grow across the metropolitan area, with 20,128 active listings, representing an increase in inventory of 18 per cent compared with the year-earlier period.