Buy House In Montreal Canada May 2026

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

Highly sought after by investors, with a median price of $880,000 . Essential Costs to Budget buy house in montreal canada

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) The Montreal real estate market is currently characterized

Allows you to save up to $8,000 annually tax-free for a down payment. Highly competitive with a median price of $652,250 (up 6

Highly competitive with a median price of $652,250 (up 6.9% year-over-year).

Mandatory for all Quebec real estate transactions. Typically costs between $1,500 and $3,000 .

First-time buyers in Montreal may qualify for a rebate of up to $5,000 .