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Navigating Quebec’s Winter Real Estate Market: Insights and Opportunities

Writer's picture: CANDIS NOBLE; Top Montréal West Island Real Estate BrokerCANDIS NOBLE; Top Montréal West Island Real Estate Broker

Navigating Quebec’s Winter Real Estate Market: Insights and Opportunities

The winter market has arrived, ushering in unique opportunities and challenges for both buyers and sellers. As your local real estate expert, Candis Noble; and Accredited Berkshire Hathaway HomeServices Luxury Collection Specialist, I’m here to guide you through the nuances of this dynamic season. Whether you’re planning to buy or sell in Montreal, the West Island, or beyond, understanding the trends shaping early 2025 will empower you to make informed decisions.


Navigating Quebec’s Winter Real Estate Market: Insights and Opportunities

A Promising Start to 2025

With the arrival of a new year, the first quarter of 2025 will bring a fresh wave of listings, expanding options for buyers. This influx, paired with competitive interest rates, is expected to establish new benchmarks for property values, setting the tone for the year. Sellers can anticipate a recalibration of pricing in Q1 and Q2, reflecting evolving market dynamics.



Supply Challenges Persist

Despite a surge in new construction projects throughout 2024, housing supply remains a critical issue. The Quebec real estate market is forecasted to see 51,911 new housing starts in 2025, with a 10% rise in rental apartment developments. However, growth in single-family homes and condominiums is projected at just 4%. Developers are prioritizing the sale of existing inventory before launching new projects, which will likely maintain upward pressure on prices and create a competitive atmosphere for buyers.



What’s Driving Prices?

Home prices in Quebec are poised for significant growth in 2025, driven by a persistent supply shortage. According to the Canada Mortgage and Housing Corporation (CMHC), property values could climb by 7% in 2025, surpassing historical averages and potentially returning to 2022 peak levels. By 2026, prices may even set new records, emphasizing the importance of acting strategically in this market.



The Rental Market Squeeze

Renters are also feeling the effects of limited supply. With an anticipated rise in demand and fewer restrictions in Quebec compared to other provinces, rental prices are expected to increase notably. The Consumer Price Index’s “rent” component saw an 8.3% jump in Q3 of 2024, and this trend is likely to continue, with rent hikes in 2025 surpassing the 4% seen last year.



Tips for Buyers in 2025

If you’re planning to buy a home this winter, consider these strategies to stay ahead:

  • Act Quickly: New listings move fast—secure your dream property by being prepared.

  • Get Pre-Approved: Lower mortgage rates can boost your purchasing power.

  • Stay Flexible: Competitive offers aren’t just about price; consider other terms to appeal to sellers.

  • Work with a Broker: Partnering with a real estate professional costs you nothing and ensures expert guidance.



Advice for Sellers in 2025

For sellers, a tailored strategy is essential to maximize your property’s potential:

  • Highlight Your Home’s Features: Use creative marketing tools like videos and social media to captivate buyers.

  • Price Competitively: Base your pricing on current market trends, not past performance.

  • Customize Your Approach: Tailor your selling strategy to suit your property’s location and unique attributes.

  • Embrace Negotiation: Flexibility in discussions can lead to favourable outcomes.



Let’s Navigate the Market Together

Navigating Quebec’s Winter Real Estate Market: Insights and Opportunities... As we embrace the challenges and opportunities of the 2025 winter market, having a seasoned professional by your side is invaluable. Whether you’re buying your first home, upgrading to a luxury property, or selling to capitalize on rising prices, I’m here to provide the expertise and insights you need.


Reach out today to discuss your goals and craft a strategy tailored to you. Together, we’ll make this season a success!

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