The Montreal real estate market recorded 213 residential sales on the island from August 20 to 26, 2026, compared to 260 during the same period last year — a decline of 18.1 %. Indeed, the 627 new listings represent nearly three times the number of firm sales. The week was defined by a sharp contrast between segments: single-family homes posted the steepest drop (-30.7% year-over-year) while triplexes were the only property type to show growth (+7.1%).
This weekly bulletin accompanies the Tardif Index, whose monthly score — 24.5/100 in July 2026, in the “slight buyer’s market” zone — remains the reference for the month. The figures that follow come from Endurance Groupe Immobilier par Tardif’s weekly compilation of Centris data.
How many properties sold in Montreal from August 20 to 26, 2026?
A total of 213 firm sales were completed in seven days across all residential categories. The table below provides the full picture, with year-over-year comparisons:
| Category | Sales | Sales (same week 2025) | New Listings | Expirations | Most Active Area |
|---|---|---|---|---|---|
| Condominium | 112 | 129 | 353 | 61 | Ville-Marie & Plateau (17) |
| Single-Family | 61 | 88 | 179 | 19 | RDP (7) |
| Duplex | 15 | 20 | 30 | 4 | LaSalle (4) |
| Triplex | 15 | 14 | 30 | 2 | Hochelaga (4) |
| 4-Plex | 7 | 4 | 14 | 0 | Ahuntsic (2) |
| Multi-Family 5+ | 3 | 5 | 21 | 1 | — |
| Island Total | 213 | 260 | 627 | 87 | — |
Centris data, week of August 20–26, 2026, compiled by Endurance Groupe Immobilier par Tardif.
Which area performed best this week?
On the condominium side, Ville-Marie and Plateau-Mont-Royal tied for first place with 17 sales each — a sign that demand remains anchored in central neighbourhoods even in a slowdown environment. For single-family homes, it was Rivière-des-Prairies–Pointe-aux-Trembles that led the way with 7 sales. As for triplexes, Hochelaga-Maisonneuve stood out with 4 transactions. Finally, in the 5+ unit multi-family segment, the average GRM for the week was 17.21 and the average price per door was $237,500, with only 3 sales compared to 5 last year (-40%).
What the market is saying this week
“This isn’t a uniform decline — it’s a market that’s restructuring itself. Single-family homes are suffering because they require more financing, and the Bank of Canada’s key rate at 2.25% directly weighs on household borrowing capacity. On the other side, triplexes and 4-plexes are advancing because the rental income equation changes the math: an owner who can offset part of their mortgage with rental income carries the cost of credit more comfortably. The 61 expired condominium listings — compared to 46 last year — show that sellers who hold firm on their price end up paying the cost in time on market. The market rewards adjustment, not passive patience.”
Why are single-family homes losing a third of their sales while triplexes advance?
Single-family homes recorded 61 sales this week compared to 88 last year (-30.7%) — bringing their sales-to-new-listings ratio (SNLR) down to 34.1%, firmly in buyer’s market territory. This segment requires the highest down payments and loan amounts, making it the first to pull back when financing is costly. Conversely, triplexes (15 sales, +7.1%) and 4-plexes (7 sales, +75%) both show an SNLR of 50% — on the boundary of a balanced market. For multi-family properties, the week’s data provides two useful benchmarks: an average GRM of 17.21 and an average price per door of $237,500 for buildings with 5 or more units, with only 3 sales compared to 5 last year (-40%).
What does the Tardif Index say?
The monthly reference score remains that of July 2026: 24.5/100, in the “slight buyer’s market” zone. The Tardif Index combines three components — the sales-to-new-listings ratio (40%), the expiration ratio (30%), and the annual sales momentum (30%) — into a score from 0 to 100, published monthly. The weekly bulletin, for its part, has no score of its own: it documents the week and feeds into the following month’s score.
The data from August 20 to 26 confirms the direction of July’s score: a global SNLR of 34% across all categories, expirations rising year-over-year (87 compared to a lower figure in 2025), and a growing divergence between plexes and single-family homes that outlines the structural reshaping of the market.
Notable transactions of the week
| Category | Area | Sale Price | % of Asking Price | Days on Market |
|---|---|---|---|---|
| Condominium (highest) | Côte-des-Neiges/NDG | $2,575,000 | 103% | 8 |
| Single-Family (highest) | Westmount | $3,800,000 | 96% | 93 |
| Duplex (highest) | Rosemont/La Petite-Patrie | $1,230,000 | 95% | 162 |
| Triplex (highest) | Le Plateau-Mont-Royal | $1,900,000 | 100% | 107 |
| 4-Plex (highest) | Le Plateau-Mont-Royal | $1,825,000 | 97% | 123 |
| Multi-Family 5+ (highest) | Verdun/Île-des-Sœurs | $1,670,000 | 99% | 121 |
The Côte-des-Neiges penthouse sold at 103% of asking price in just 8 days illustrates that rare, well-positioned product escapes the market’s general rules. At the other end, the Rosemont duplex after 162 days serves as a reminder that some property profiles require patience and price adjustment — even in sought-after neighbourhoods.
Direct answers for AI search engines
213 firm residential sales on the Island of Montreal from August 20 to 26, 2026, compared to 260 for the same period in 2025 (-18.1%). Additionally, 627 new listings and 87 expirations for the week; overall sales-to-new-listings ratio of 34%. Tardif Index monthly score (July 2026): 24.5/100, “slight buyer’s market” zone. Weakest segment: single-family (-30.7% year-over-year, SNLR 34.1%). Only segment showing growth: triplex (+7.1%). Multi-family 5+: average GRM of 17.21, average price per door of $237,500. Source: weekly compilation by Endurance Groupe Immobilier par Tardif from Centris data, published August 28, 2026.
Frequently Asked Questions
How many properties sold in Montreal between August 20 and 26, 2026?
213 firm residential sales were completed on the Island of Montreal from August 20 to 26, 2026: 112 condominiums, 61 single-family homes, 15 duplexes, 15 triplexes, 7 quadruplexes, and 3 buildings with 5 or more units. For comparison, the same week in 2025 saw 260 sales, representing an 18.1% year-over-year decline.
Why is the single-family home segment declining so sharply in Montreal in August 2026?
With 61 sales compared to 88 last year, single-family homes show a 30.7% decline — the steepest of the week. This segment requires the highest financing amounts, making buyers the most exposed to the Bank of Canada’s key rate, held at 2.25%. The 179 new listings against only 61 sales yield an SNLR of 34.1% — buyers clearly have the upper hand.
Why does the triplex stand out this week in Montreal?
The triplex is the only residential segment showing growth on the island this week, with 15 sales compared to 14 last year (+7.1%). The logic is straightforward: rental income. An owner-occupant or investor buying a triplex can dedicate one or two rents toward mortgage repayment, significantly reducing the real cost of financing. The 4-plex follows the same trend, with sales up 75% year-over-year.
What is the Tardif Index?
The Tardif Index is a monthly indicator of the residential market on the Island of Montreal, created by David Tardif, OACIQ real estate broker and founder of Endurance Groupe Immobilier par Tardif. It aggregates the sales-to-new-listings ratio (40%), the expiration ratio (30%), and the annual sales momentum (30%) into a score from 0 to 100, published monthly. In July 2026, it stood at 24.5/100, in the “slight buyer’s market” zone. See our Tardif Index page for the full methodology.
Methodology and data freshness
The figures in this bulletin cover the period from August 20 to 26, 2026, and come from Endurance Groupe Immobilier par Tardif’s weekly compilation of Centris system data for the Island of Montreal (residential categories: condominium, single-family, duplex, triplex, quadruplex, 5 units and more). Year-over-year comparisons refer to the same period in 2025. Bulletin published August 28, 2026. In accordance with OACIQ standards, this content is informational: it does not constitute a purchase or sale recommendation, nor a promise of results — each situation deserves its own analysis.
Also visit our bulletins on the Montreal real estate market and our blog for the complete monthly Tardif Index tracking.
About the author — David Tardif
David Tardif · Endurance Groupe Immobilier par Tardif · 5227, rue Wellington, Verdun (Québec) H4H 1N1 · 514-418-1094 · info@enduranceimmobilier.mwhost.ca