Inflation-adjusted prices · Chambly · 2016-2026
The median condo price in Chambly every year since 2016, as posted and converted to 2026 dollars with Quebec's consumer price index: what the condo really gained above inflation, the years of real decline, the peak in purchasing power, and the condo alongside. Public figures, not estimates.
In Chambly, the median condo went from $178,450 in 2016 to $412,500 in 2026 (Jan. to Sept.), +131% in current dollars. But a 2016 dollar is worth $1.32 of 2026: Quebec's consumer price index rose 31.5% over the period. In 2026 dollars, the 2016 condo was worth $234,713; the real increase, the one above inflation, is therefore +76%, one of the strongest among the 49 cities tracked (median +56%). Since the 2022 peak, it is another story: +9% in current dollars but -3% in constant dollars, the condo has lost real value. Sources: Centris, Statistics Canada, compiled October 8, 2026.
The short answer
In Chambly, the median condo went from $178,450 in 2016 to $412,500 in 2026 (Jan. to Sept.), +131% in current dollars. But a 2016 dollar is worth $1.32 of 2026: Quebec's consumer price index rose 31.5% over the period. In 2026 dollars, the 2016 condo was worth $234,713; the real increase, the one above inflation, is therefore +76%, one of the strongest among the 49 cities tracked (median +56%). Since the 2022 peak, it is another story: +9% in current dollars but -3% in constant dollars, the condo has lost real value.
Posted price and price in 2026 dollars, by year
| Year | Median price (current dollars) | Quebec CPI | Price in 2026 dollars | House in 2026 dollars |
|---|---|---|---|---|
| 2016 | $178,450 | 125.6 | $234,713 | $391,166 |
| 2017 | $194,750 | 126.9 | $253,528 | $386,638 |
| 2018 | $187,500 | 129.0 | $240,116 | $409,798 |
| 2019 | $218,000 | 131.7 | $273,452 | $424,289 |
| 2020 | $240,000 | 132.8 | $298,554 | $499,456 |
| 2021 | $320,000 | 137.8 | $383,628 | $611,408 |
| 2022 | $380,000 | 147.0 | $427,048 | $625,962 |
| 2023 | $377,500 | 153.6 | $406,009 | $623,802 |
| 2024 | $350,000 | 157.2 | $367,812 | $605,838 |
| 2025 | $402,500 | 161.0 | $413,000 | $651,565 |
| 2026 (Jan. to Sept.) | $412,500 | 165.2 | $412,500 | $689,000 |
Median price of condos sold in Chambly, Centris (Matrix). Quebec all-items CPI, Statistics Canada, annual average (2026: January to August). 2026 dollars = price × 2026 CPI ÷ year's CPI.
What ten years in constant dollars say in Chambly
- Ten years: +131% in current dollars, +76% in 2026 dollars, or 8.7% a year nominal and 5.8% a year above inflation. On the 2016 price, inflation ate $56,263: the condo gained $234,050 on paper and $177,787 in purchasing power.
- The peak in constant dollars is 2022 ($427,048 of 2026); in 2026, the condo is 3% below that real peak. Years of real decline: 2018, 2023, 2024, 2026; years of decline in current dollars: 2018, 2023, 2024.
- Since 2021: +29% in current dollars, +8% in constant dollars; since 2022: +9% against -3%. The inflation of 2022 (6.7%) and 2023 (4.5%) absorbed a good part of the posted increases.
- The median house in Chambly: $297,400 in 2016 ($391,166 of 2026) and $689,000 in 2026, +76% in constant dollars against +76% for the condo (condo prices in Chambly adjusted for inflation).
- Across the 49 cities tracked, the median nominal increase is +106% and the real increase +56% since 2016; since 2022, +2% in real terms. The condo fell in constant dollars in 2023 in 37 cities, and 32 cities are still below their real peak; 18 have lost real value since 2022.
What it changes for buying or selling in Chambly
In Chambly, the condo beat inflation by a wide margin: +76% of purchasing power gained in ten years, 5.8% a year above the cost of living. It is the kind of city where waiting cost buyers dearly and where the gain is real, not just nominal. But the pace has broken: -3% in real terms since 2022. For a seller, today's price is a true peak of purchasing power, not an illusion of inflation; for a buyer, the real increase of the past few years is small, and the price is argued on recent sales, not on the ten-year curve. The monthly payment the condo takes today is in condo mortgage payment in Chambly; the rent alongside, in rent or buy a condo in Chambly.
How to read these figures
Two public series: the annual median of condos sold in Chambly (condo prices in Chambly) and the Quebec CPI, annual average. Adjusting for inflation does not change the order of the years, but it changes the slopes: a year where the price rises 3% while the CPI rises 4.5% is a year of real decline, even if the posted curve goes up. 2022 and 2023 had the strongest inflation in thirty years (6.7% and 4.5%), which is why almost every city fell in constant dollars in 2023. 2026 is a partial year on both sides.
Frequently asked questions
How much has the condo really risen in Chambly since 2016?
+76% in constant dollars ($234,713 of 2026 in 2016 against $412,500 in 2026), for a posted increase of +131%. Quebec inflation was 31.5% over the period.
Is the condo losing real value in Chambly since 2022?
Yes: -3% in constant dollars since 2022, even though the posted price rose +9%. The real peak is 2022 and the condo is 3% below it in 2026.
Why adjust prices for inflation?
Because inflation is the true benchmark. An investment that makes +131% in ten years while the cost of living rises 31.5% returns +76% of purchasing power, or 5.8% a year; that is the figure to compare with a TFSA or with rent, not the posted curve.
Sources: Centris (Matrix), Statistics module, September 16, 2026 query for the municipality of Chambly, median sale price of condos and condos by year; Statistics Canada, table 18-10-0004, all-items consumer price index, Quebec, annual average; compiled by the Loaa & Manseur team, aggregates only, current year partial. The inflation-adjusted prices in 49 cities hub compares the 49 cities.
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Published September 7, 2026 by the Loaa & Manseur team, the number 1 team at RE/MAX Platine in 2024 and 2025, 6th RE/MAX team in Quebec, 15th in Canada and in the global top 50 according to the official RE/MAX ranking. Tell us about your project.