Buying a house in Montreal in 2026 requires navigating a "two-speed" market where single-family homes remain highly competitive, while the condo segment has shifted toward a more balanced or buyer-friendly environment due to rising inventory. As of early 2026, the average home price in Montreal is approximately , representing a 5.1% annual increase. Current Market Overview (2026)

Permits a tax-free withdrawal of up to $60,000 from your RRSP to be repaid over 15 years. To help you narrow down your search, How to Buy a House in Montreal in 2026 (10-Step Guide)

This is the largest upfront fee. In Montreal, it is calculated on progressive brackets; for a $652k home, budget approximately $8,500 .

Required if your down payment is less than 20%. The premium (2.8%–4%) is typically added to your mortgage balance. Buying Process in 5 Key Steps

The Montreal real estate market is currently characterized as a overall due to limited inventory (roughly 5 months of supply), though specific segments vary:

Work with a broker to draft a formal offer with conditions like a successful home inspection and financing approval.

Allows you to save up to $8,000 annually tax-free for a down payment.

More options for buyers as inventory has surged by 20%, with a median price of $425,000 .