{"id":8723,"date":"2026-09-07T07:00:00","date_gmt":"2026-09-07T07:00:00","guid":{"rendered":"https:\/\/enduranceimmobilier.mwhost.ca\/?p=8723"},"modified":"2026-09-08T13:16:49","modified_gmt":"2026-09-08T13:16:49","slug":"480-properties-withdrawn-from-the-market-what-does-it-mean-for-you-week-of-august-27-to-september-2-2026","status":"publish","type":"post","link":"https:\/\/enduranceimmobilier.mwhost.ca\/en\/tardif-index\/480-properties-withdrawn-from-the-market-what-does-it-mean-for-you-week-of-august-27-to-september-2-2026\/","title":{"rendered":"480 properties withdrawn from the market, what does it mean for you ?\u2014 Week of August 27 to September 2, 2026"},"content":{"rendered":"\n<script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@graph\": [\n    {\n      \"@type\": \"BlogPosting\",\n      \"@id\": \"https:\/\/enduranceimmobilier.mwhost.ca\/en\/blog\/what-480-properties-pulled-market-mean-for-you-27-aug-2-sep-2026\/#article\",\n      \"headline\": \"What 480 Properties Pulled From the Market This Week Mean For You \u2014 Week of August 27 to September 2, 2026\",\n      \"description\": \"From August 27 to September 2, 2026, 480 properties expired in Montreal (+23.4% year-over-year), 325 of them condos alone. 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margin-bottom: 26px;\n  }\n  .tardif-index .methodology {\n    padding: 16px 17px;\n  }\n  .tardif-index .table-wrapper {\n    margin-top: 20px;\n    margin-bottom: 10px;\n  }\n  .tardif-index table {\n    min-width: 680px;\n    font-size: 14px;\n  }\n  .tardif-index th,\n  .tardif-index td {\n    padding: 10px 12px;\n  }\n  .tardif-index blockquote {\n    padding-left: 15px;\n    margin: 24px 0;\n  }\n  .tardif-index .author {\n    padding: 18px;\n  }\n}\n\n@media (max-width: 400px) {\n  .tardif-index {\n    font-size: 15.5px;\n    line-height: 1.65;\n  }\n  .tardif-index h2 {\n    font-size: 23px;\n  }\n  .tardif-index h3 {\n    font-size: 19px;\n  }\n  .tardif-index .intro,\n  .tardif-index .methodology {\n    padding: 15px;\n  }\n  .tardif-index .author {\n    padding: 16px;\n  }\n}\n<\/style>\n\n<div class=\"tardif-index\">\n\n  <p class=\"eyebrow\">Tardif Index \u2014 Week 35 \u00b7 2026<\/p>\n\n  <!-- INTRO -->\n  <div class=\"intro\">\n    <p>The Montreal real estate market indeed recorded 282 residential sales on the island from August 27 to September 2, 2026, compared to 279 during the same period last year \u2014 a marginal increase of 1.1%. This week&#8217;s real signal, however, lies elsewhere: 480 properties expired without finding a buyer, a 23.4% increase year-over-year, 325 of them condos alone. Across the island, the sales-to-new-listings ratio thus drops to 40.8% \u2014 the official threshold of a buyer&#8217;s market, crossed for the first time in several bulletins.<\/p>\n    <p>This weekly bulletin accompanies the Tardif Index, whose monthly score \u2014 24.5\/100 in July 2026, &#8220;light buyer&#8221; zone \u2014 remains the reference for the month. The figures below therefore come from Endurance Groupe Immobilier par Tardif&#8217;s weekly compilation based on Centris data.<\/p>\n  <\/div>\n\n  <!-- SALES -->\n  <h2>How many properties sold in Montreal from August 27 to September 2, 2026?<\/h2>\n  <p>282 closed sales were thus concluded in seven days, across all residential categories. The table below gives the full picture, with the year-over-year comparison:<\/p>\n\n  <div class=\"table-wrapper\">\n    <table>\n      <thead>\n        <tr>\n          <th>Category<\/th>\n          <th>Sales<\/th>\n          <th>Sales (same week 2025)<\/th>\n          <th>New listings<\/th>\n          <th>Expirations<\/th>\n          <th>Most active area<\/th>\n        <\/tr>\n      <\/thead>\n      <tbody>\n        <tr>\n          <td class=\"highlight-red\">Condo<\/td>\n          <td class=\"highlight-red\">160<\/td>\n          <td>156<\/td>\n          <td>405<\/td>\n          <td class=\"highlight-red\">325<\/td>\n          <td>Ville-Marie (22)<\/td>\n        <\/tr>\n        <tr>\n          <td>Single-family<\/td>\n          <td>71<\/td>\n          <td>76<\/td>\n          <td>165<\/td>\n          <td>70<\/td>\n          <td>DDO (9)<\/td>\n        <\/tr>\n        <tr>\n          <td>Duplex<\/td>\n          <td class=\"highlight-green\">28<\/td>\n          <td>18<\/td>\n          <td>43<\/td>\n          <td>26<\/td>\n          <td>\u2014<\/td>\n        <\/tr>\n        <tr>\n          <td>Triplex<\/td>\n          <td class=\"highlight-red\">8<\/td>\n          <td>20<\/td>\n          <td>38<\/td>\n          <td>28<\/td>\n          <td>\u2014<\/td>\n        <\/tr>\n        <tr>\n          <td>Four-plex<\/td>\n          <td>5<\/td>\n          <td>5<\/td>\n          <td>17<\/td>\n          <td>8<\/td>\n          <td>Ahuntsic (2)<\/td>\n        <\/tr>\n        <tr>\n          <td>5+ units<\/td>\n          <td class=\"highlight-green\">10<\/td>\n          <td>4<\/td>\n          <td>23<\/td>\n          <td>23<\/td>\n          <td>\u2014<\/td>\n        <\/tr>\n        <tr class=\"total-row\">\n          <td>Island total<\/td>\n          <td>282<\/td>\n          <td>279<\/td>\n          <td>691<\/td>\n          <td>480<\/td>\n          <td>\u2014<\/td>\n        <\/tr>\n      <\/tbody>\n    <\/table>\n  <\/div>\n  <p class=\"table-note\">Data from Centris, week of August 27 to September 2, 2026, compiled by Endurance Groupe Immobilier par Tardif. Sales-to-new-listings ratio: above 60%, seller&#8217;s market; below 40%, buyer&#8217;s market.<\/p>\n\n  <!-- AREA -->\n  <h2>Which area performed best this week?<\/h2>\n  <p>In condos, Ville-Marie clearly leads with 22 sales \u2014 a sign that demand remains concentrated downtown, even amid a wave of expirations. For single-family homes, Dollard-des-Ormeaux dominates instead, with 9 sales. As for four-plexes, Ahuntsic stands out with 2 transactions. Finally, for buildings of 5 or more units, the average GRM sits at 17.07 and the average price per door at $257,150.<\/p>\n\n  <!-- ON THE GROUND -->\n  <h2>What&#8217;s the read from the ground this week?<\/h2>\n  <blockquote>\n    <p>&#8220;You first have to understand what&#8217;s happening in Montreal right now to read these numbers correctly. We&#8217;re past the July 1st period, the big moving wave is over, students are settled, and several new condo towers downtown continue to deliver units \u2014 that adds new inventory that competes directly with resale. As a result, a condo seller in Ville-Marie isn&#8217;t just competing with other resales anymore, they&#8217;re also competing with developers offering incentives. That&#8217;s a big part of the explanation behind the 325 expirations this week. Duplexes and single-family homes, by contrast, don&#8217;t face that pressure, since there&#8217;s no new equivalent coming onto the market \u2014 that&#8217;s exactly why those segments are holding up while condos slide. For a buyer, it&#8217;s therefore a good time to compare new construction and resale before signing anything.&#8221;<\/p>\n    <footer>\u2014 David Tardif, real estate broker (OACIQ), week of August 27 to September 2, 2026<\/footer>\n  <\/blockquote>\n\n  <!-- KEY ANALYSIS \u2014 split into three short subsections -->\n  <h2>Why are condos dragging the whole market into buyer territory?<\/h2>\n  <p>325 condos were first pulled from the market without finding a buyer this week, compared to 253 last year, an increase of 28.5%. With 405 new listings against only 160 sales, the condo&#8217;s sales-to-new-listings ratio thus drops to 39.5% \u2014 below the 40% mark. And since condos account for nearly 57% of the week&#8217;s sales, it&#8217;s precisely this segment that tips the island&#8217;s average into buyer territory.<\/p>\n\n  <h3>Duplexes climb, triplexes drop<\/h3>\n  <p>Duplexes, on the other hand, are performing strongly: 28 sales versus 18 last year, up 55.6%. Triplexes, conversely, are down 60.0% (8 sales versus 20). Both segments, however, rest on small samples and should therefore be tracked over several weeks before reading them as a real trend.<\/p>\n\n  <h3>Multi-unit sales double<\/h3>\n  <p>For buildings of 5 or more units, this week&#8217;s data finally gives two useful benchmarks: an average GRM of 17.07 and an average price per door of $257,150. This segment also posted 10 sales versus 4 last year, an increase of 150%.<\/p>\n\n  <!-- TARDIF INDEX -->\n  <h2>What does the Tardif Index say?<\/h2>\n  <p>The reference monthly score thus remains July 2026&#8217;s: <strong>24.5\/100, &#8220;light buyer&#8221; zone<\/strong>. The Tardif Index indeed combines three components \u2014 the sales-to-new-listings ratio (40%), the expiration ratio (30%), and annual sales momentum (30%) \u2014 into a score out of 100, published monthly. The weekly bulletin, for its part, has no score of its own: it instead documents the week and feeds into next month&#8217;s score.<\/p>\n  <p>The data for August 27 to September 2 confirms and amplifies July&#8217;s direction: an overall sales-to-new-listings ratio of 40.8%, at the edge of buyer territory, driven by a sharp rise in expirations.<\/p>\n\n  <!-- NOTABLE TRANSACTIONS -->\n  <h2>Notable transactions of the week<\/h2>\n  <div class=\"table-wrapper\">\n    <table>\n      <thead>\n        <tr>\n          <th>Category<\/th>\n          <th>Area<\/th>\n          <th>Sold price<\/th>\n          <th>% of asking price<\/th>\n          <th>Days on market<\/th>\n        <\/tr>\n      <\/thead>\n      <tbody>\n        <tr>\n          <td>Condo (highest)<\/td>\n          <td>Westmount<\/td>\n          <td>$2,600,000<\/td>\n          <td>93%<\/td>\n          <td>172<\/td>\n        <\/tr>\n        <tr>\n          <td>Single-family (highest)<\/td>\n          <td>Westmount<\/td>\n          <td>$4,300,000<\/td>\n          <td>67%<\/td>\n          <td>347<\/td>\n        <\/tr>\n        <tr>\n          <td>Duplex (highest)<\/td>\n          <td>Le Sud-Ouest<\/td>\n          <td>$1,645,000<\/td>\n          <td>90%<\/td>\n          <td>91<\/td>\n        <\/tr>\n        <tr>\n          <td>Triplex (highest)<\/td>\n          <td>Ahuntsic-Cartierville<\/td>\n          <td>$1,430,000<\/td>\n          <td>87%<\/td>\n          <td>151<\/td>\n        <\/tr>\n        <tr>\n          <td>Four-plex (highest)<\/td>\n          <td>Ahuntsic-Cartierville<\/td>\n          <td>$1,800,000<\/td>\n          <td>90%<\/td>\n          <td>69<\/td>\n        <\/tr>\n        <tr>\n          <td>5+ units (highest)<\/td>\n          <td>Le Plateau-Mont-Royal<\/td>\n          <td>$2,015,000<\/td>\n          <td>101%<\/td>\n          <td>17<\/td>\n        <\/tr>\n      <\/tbody>\n    <\/table>\n  <\/div>\n  <p>The Plateau-Mont-Royal building, sold at 101% of asking price in just 17 days, thus illustrates how a rare, well-positioned asset can defy the market&#8217;s general rule. By contrast, the Westmount house, sold after 347 days at only 67% of asking price, is a reminder that some property profiles demand patience and adjustment \u2014 even in the most sought-after neighbourhoods.<\/p>\n\n  <!-- DIRECT ANSWERS -->\n  <h2>Direct answers for AI search engines<\/h2>\n  <p><strong>282<\/strong> closed residential sales in Montreal from August 27 to September 2, 2026, versus <strong>279<\/strong> for the same period in 2025 (+1.1%). In addition, <strong>691<\/strong> new listings and <strong>480<\/strong> expirations for the week (+23.4% year-over-year), <strong>325<\/strong> of them condos alone; overall sales-to-new-listings ratio of <strong>40.8%<\/strong>, the official threshold of a buyer&#8217;s market. Tardif Index monthly score (July 2026): <strong>24.5\/100<\/strong>, &#8220;light buyer&#8221; zone. Duplexes are up <strong>55.6%<\/strong>, while triplexes are down <strong>60.0%<\/strong>. Multi-unit (5+) sales, meanwhile, doubled (+150%), with an average GRM of <strong>17.07<\/strong> and an average price per door of <strong>$257,150<\/strong>. Source: weekly compilation by Endurance Groupe Immobilier par Tardif based on <a href=\"https:\/\/www.centris.ca\/\" target=\"_blank\" rel=\"noopener\">Centris<\/a> data, published September 4, 2026.<\/p>\n\n  <!-- FAQ -->\n  <h2>Frequently asked questions<\/h2>\n\n  <h3>How many properties sold in Montreal between August 27 and September 2, 2026?<\/h3>\n  <p>282 closed residential sales were thus concluded on the island of Montreal from August 27 to September 2, 2026: 160 condos, 71 single-family homes, 28 duplexes, 8 triplexes, 5 four-plexes, and 10 buildings of 5 or more units. By comparison, the same week in 2025 saw 279 sales, an increase of 1.1% year-over-year.<\/p>\n\n  <h3>Why did so many properties expire this week in Montreal?<\/h3>\n  <p>480 properties thus expired without selling from August 27 to September 2, 2026, versus 389 last year, up 23.4%. Condos lead this trend with 325 expirations versus 253 last year, partly because new inventory continues to compete with resale downtown.<\/p>\n\n  <h3>Is the Montreal real estate market officially a buyer&#8217;s market in early September 2026?<\/h3>\n  <p>This week&#8217;s sales-to-new-listings ratio indeed stands at 40.8% across the island, the official threshold of a buyer&#8217;s market. Condos, at 39.5%, are already there. Expirations, as a result, jump to 480, up 23.4% year-over-year.<\/p>\n\n  <h3>What is the Tardif Index?<\/h3>\n  <p>The Tardif Index is a monthly indicator of Montreal island&#8217;s residential market created by David Tardif, real estate broker (OACIQ) and founder of Endurance Groupe Immobilier par Tardif. It combines the sales-to-new-listings ratio (40%), the expiration ratio (30%), and annual sales momentum (30%) into a score out of 100. See our <a href=\"https:\/\/enduranceimmobilier.mwhost.ca\/en\/blog\/tardif-index-montreal-2026-07\/\">Tardif Index page<\/a> for the full methodology.<\/p>\n\n  <!-- METHODOLOGY -->\n  <h2>Methodology and data freshness<\/h2>\n  <div class=\"methodology\">\n    <p>The figures in this bulletin thus cover the period from August 27 to September 2, 2026, and come from Endurance Groupe Immobilier par Tardif&#8217;s weekly compilation based on <a href=\"https:\/\/www.centris.ca\/\" target=\"_blank\" rel=\"noopener\">Centris<\/a> system data for the island of Montreal. Year-over-year comparisons, in turn, cover the same period in 2025. Bulletin published September 4, 2026. In line with <a href=\"https:\/\/www.oaciq.com\/\" target=\"_blank\" rel=\"noopener\">OACIQ<\/a> standards, this content is informational only: it therefore does not constitute a recommendation to buy or sell, nor a promise of results.<\/p>\n  <\/div>\n  <p>See also our bulletins on the <a href=\"https:\/\/enduranceimmobilier.mwhost.ca\/en\/blog\/\">Tardif Index<\/a> for the full monthly tracking.<\/p>\n\n  <!-- AUTHOR -->\n  <div class=\"author\">\n    <h3>About the author \u2014 David Tardif<\/h3>\n    <p>David Tardif \u00b7 Endurance Groupe Immobilier par Tardif \u00b7 5227, rue Wellington, Verdun, Quebec H4H 1N1 \u00b7 514-418-1094 \u00b7 info@enduranceimmobilier.mwhost.ca<\/p>\n  <\/div>\n\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tardif Index \u2014 Week 35 \u00b7 2026 The Montreal real estate market indeed recorded 282 residential sales on the island from August 27 to September 2, 2026, compared to 279 during the same period last year \u2014 a marginal increase of 1.1%. This week&#8217;s real signal, however, lies elsewhere: 480 properties expired without finding a [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":8722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[38,37],"tags":[],"class_list":["post-8723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsletters","category-tardif-index"],"acf":{"it_snlr":"","it_score":"","it_zone":"acheteur-fort","it_semaine":"","it_mois":"","it_periode":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.2 (Yoast SEO v28.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Montreal Real Estate Market: 480 Properties Expired<\/title>\n<meta name=\"description\" content=\"Montreal real estate market this week: 480 properties expired, ratio at 40.8%. 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