Buying · Island of Montreal · Land Registry 2026
Official Quebec Land Registry figures on the Island of Montreal: the number of sales by price range since 2021, mortgages and prior notices of exercise, from January to September 2026.
From January to September 2026, the Quebec Land Registry recorded 17,150 sales on the Island of Montreal, versus 19,068 in the same period of 2025, down 10.1%. Sales over $500,000 are down 7.1% (11,174) and sales under $250,000 are down 3.7% (920). Prior notices of exercise, registered when an owner is in default, are up 12.3% (888 to 997). Source: data from the Registre foncier du Québec (January to September 2021 to 2026), compiled on November 10, 2026.
The short answer
From January to September 2026, the Quebec Land Registry recorded 17,150 sales on the Island of Montreal, versus 19,068 in the same period of 2025, down 10.1%. Sales over $500,000 are down 7.1% (11,174) and sales under $250,000 are down 3.7% (920). Prior notices of exercise, registered when an owner is in default, are up 12.3% (888 to 997).
Sales on the Island of Montreal since 2021, by price range
| January to September on the Island of Montreal | Sales | Under $250,000 | $250,000 to $500,000 | Over $500,000 | Share over $500,000 | Prior notices of exercise |
|---|---|---|---|---|---|---|
| 2021 | 26,906 | 2,660 | 11,059 | 13,187 | 49.0% | 589 |
| 2022 | 22,796 | 1,712 | 8,840 | 12,244 | 53.7% | 518 |
| 2023 | 16,106 | 1,186 | 6,254 | 8,666 | 53.8% | 623 |
| 2024 | 18,540 | 1,244 | 6,716 | 10,580 | 57.1% | 860 |
| 2025 | 19,068 | 955 | 6,083 | 12,030 | 63.1% | 888 |
| 2026 | 17,150 | 920 | 5,056 | 11,174 | 65.2% | 997 |
Sales registered at the Quebec Land Registry, January to September of each year.
2026 versus 2025 on the Island of Montreal
| On the Island of Montreal | January to September 2025 | January to September 2026 | Change |
|---|---|---|---|
| Sales | 19,068 | 17,150 | -10.1% |
| Sales, under $250,000 | 955 | 920 | -3.7% |
| Sales, $250,000 to $500,000 | 6,083 | 5,056 | -16.9% |
| Sales, over $500,000 | 12,030 | 11,174 | -7.1% |
| Property transfers | 24,619 | 23,060 | -6.3% |
| Mortgages | 32,338 | 32,729 | +1.2% |
| Prior notices of exercise | 888 | 997 | +12.3% |
| Financial difficulty index (all deeds) | 1,311 | 1,544 | +17.8% |
| September sales only | 1,918 | 1,648 | -14.1% |
What these numbers say on the Island of Montreal
- Compared with January to September 2021, the pandemic record year, sales on the Island of Montreal are down 36.3%. The busiest of the six years was 2021.
- The share of sales over $500,000 went from 49.0% in 2021 to 65.2% in 2026. Much of that gap comes from higher prices, not only from wealthier buyers.
- Registered mortgages are up 1.2% (32,729). They include financed purchases, but also refinancings and loan transfers.
- There are 58.1 prior notices of exercise per 1,000 sales in 2026, versus 21.9 in 2021. Across Québec, the ratio is 35.6.
- Sales are down in all 16 regions this year. On the Island of Montreal, the decline ranks 14th of 16, from smallest to largest.
What it changes for buying on the Island of Montreal
On the Island of Montreal, sales are falling less than elsewhere: the market stays active and good properties go fast. Now is the time to buy for anyone who is ready, pre-approved and able to decide quickly. For prices, see house prices on the Island of Montreal.
Prior notice of exercise: what is it?
A prior notice of exercise (préavis d'exercice) is registered at the Land Registry when an owner is in default and the creditor, often the bank, announces it will exercise a hypothecary right (taking in payment, sale by the creditor, court-supervised sale or taking possession). The owner can still pay during the notice period, so a notice does not always lead to a foreclosure, but it is the first public sign that foreclosures are coming.
How to read these numbers
The Land Registry counts registered deeds of sale for every type of property (house, condo, plex, land, cottage), including private sales without a broker: it is not the same as Centris sales. Only the first right in each deed is counted. Price ranges are in each year's dollars: part of the rise in sales over $500,000 simply reflects higher prices. A registration division straddling two regions is counted in the one holding most of its lots; Nord-du-Québec is split among Saguenay–Lac-Saint-Jean, Abitibi-Témiscamingue and Côte-Nord. September figures are the latest published; October figures will come out at the end of November.
Frequently asked questions
How many properties sold on the Island of Montreal in 2026?
From January to September 2026, 17,150 sales were registered at the Land Registry on the Island of Montreal, down 10.1% from 2025. In September alone: 1,648 sales, versus 1,918 in September 2025.
What is a prior notice of exercise?
A prior notice of exercise (préavis d'exercice) is registered at the Land Registry when an owner is in default and the creditor, often the bank, announces it will exercise a hypothecary right (taking in payment, sale by the creditor, court-supervised sale or taking possession). The owner can still pay during the notice period, so a notice does not always lead to a foreclosure, but it is the first public sign that foreclosures are coming. On the Island of Montreal, there were 997 from January to September 2026. See also foreclosures on the Island of Montreal.
Are these the same figures as Centris?
No. Centris only counts properties sold through brokers. The Land Registry counts every notarized deed of sale, including private sales, land and commercial buildings. The two sources complement each other.
Sources: data from the Registre foncier du Québec (Quebec Land Registry, Ministry of Natural Resources and Forests), "Statistiques du Registre foncier du Québec sur le marché immobilier", Données Québec, data from January 2021 to September 2026 updated on October 28, 2026, CC BY 4.0 licence; compiled by the Loaa & Manseur team on November 10, 2026. Administrative region Island of Montreal. Aggregates only. The hub home sales in the 16 regions compares the 16 regions.
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Also available in French: version française de ce guide.
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.