Inflation-adjusted prices · Westmount · 2016-2026
The median house price in Westmount every year since 2016, as posted and converted to 2026 dollars with Quebec's consumer price index: what the house really gained above inflation, the years of real decline, the peak in purchasing power, and the condo alongside. Public figures, not estimates.
In Westmount, the median house went from $1,375,000 in 2016 to $2,272,500 in 2026 (Jan. to Sept.), +65% 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 house was worth $1,808,519; the real increase, the one above inflation, is therefore +26%, one of the weakest among the 50 cities tracked (median +70%). Since the 2022 peak, it is another story: -5% in current dollars but -15% in constant dollars, the house has lost real value. Sources: Centris, Statistics Canada, compiled October 8, 2026.
The short answer
In Westmount, the median house went from $1,375,000 in 2016 to $2,272,500 in 2026 (Jan. to Sept.), +65% 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 house was worth $1,808,519; the real increase, the one above inflation, is therefore +26%, one of the weakest among the 50 cities tracked (median +70%). Since the 2022 peak, it is another story: -5% in current dollars but -15% in constant dollars, the house has lost real value.
Posted price and price in 2026 dollars, by year
| Year | Median price (current dollars) | Quebec CPI | Price in 2026 dollars | Condo in 2026 dollars |
|---|---|---|---|---|
| 2016 | $1,375,000 | 125.6 | $1,808,519 | $820,081 |
| 2017 | $1,550,000 | 126.9 | $2,017,809 | $764,273 |
| 2018 | $1,700,000 | 129.0 | $2,177,054 | $806,791 |
| 2019 | $1,795,000 | 131.7 | $2,251,587 | $889,345 |
| 2020 | $2,020,500 | 132.8 | $2,513,453 | $1,097,031 |
| 2021 | $1,992,500 | 137.8 | $2,388,687 | $1,099,935 |
| 2022 | $2,385,000 | 147.0 | $2,680,286 | $1,090,095 |
| 2023 | $2,040,000 | 153.6 | $2,194,062 | $859,341 |
| 2024 | $2,175,000 | 157.2 | $2,285,687 | $843,340 |
| 2025 | $2,230,000 | 161.0 | $2,288,174 | $1,018,391 |
| 2026 (Jan. to Sept.) | $2,272,500 | 165.2 | $2,272,500 | $835,000 |
Median price of single-family houses sold in Westmount, 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 Westmount
- Ten years: +65% in current dollars, +26% in 2026 dollars, or 5.2% a year nominal and 2.3% a year above inflation. On the 2016 price, inflation ate $433,519: the house gained $897,500 on paper and $463,981 in purchasing power.
- The peak in constant dollars is 2022 ($2,680,286 of 2026); in 2026, the house is 15% below that real peak. Years of real decline: 2021, 2023, 2026; years of decline in current dollars: 2021, 2023.
- Since 2021: +14% in current dollars, -5% in constant dollars; since 2022: -5% against -15%. The inflation of 2022 (6.7%) and 2023 (4.5%) absorbed a good part of the posted increases.
- The median condo in Westmount: $623,500 in 2016 ($820,081 of 2026) and $835,000 in 2026, +2% in constant dollars against +26% for the house.
- Across the 50 cities tracked, the median nominal increase is +124% and the real increase +70% since 2016; since 2022, +6% in real terms. The house fell in constant dollars in 2023 in 40 cities, and 17 cities are still below their real peak; 11 have lost real value since 2022.
What it changes for buying or selling in Westmount
In Westmount, the ten-year increase is largely inflation: +65% posted, +26% of true gain. An owner who bought in 2016 gained purchasing power, but less than the price curve suggests, and one who bought in 2022 lost in constant dollars. For a seller, it means the asking price must follow recent sales and not the memory of 2022; for a buyer, it is a market where the real price is stable, so the choice of house matters more than the choice of timing. What the house gained by year bought, in current dollars, is in house appreciation in Westmount; the monthly payment it takes today, in mortgage payment in Westmount.
How to read these figures
Each year's price is the median price of single-family houses sold in Westmount (Centris, September 16, 2026 query). The CPI is Statistics Canada's all-items consumer price index for Quebec (table 18-10-0004), annual average; 2026 is the average of January to August. The price in 2026 dollars multiplies the year's price by the ratio of the 2026 CPI to the year's CPI: it is what the same house would have cost if the dollar had not lost value. The real increase is the increase of that adjusted price; it measures the gain in purchasing power, not the gain in dollars.
Frequently asked questions
How much has the house really risen in Westmount since 2016?
+26% in constant dollars ($1,808,519 of 2026 in 2016 against $2,272,500 in 2026), for a posted increase of +65%. Quebec inflation was 31.5% over the period.
Is the house losing real value in Westmount since 2022?
Yes: -15% in constant dollars since 2022, even though the posted price rose -5%. The real peak is 2022 and the house is 15% below it in 2026.
Why adjust prices for inflation?
Because inflation is the true benchmark. An investment that makes +65% in ten years while the cost of living rises 31.5% returns +26% of purchasing power, or 2.3% 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 Westmount, median sale price of single-family houses 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 50 cities hub compares the 50 cities.
Our other data series in Westmount, from the same Centris listings:
Each series is recalculated from actual sales, aggregates only.
Our proof, not our promises
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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.