Condo affordability is making a comeback across Canada

According to RBC, condo ownership has become more affordable in many Canadian markets, with affordability levels returning close to where they were before the pandemic. Lower prices and improved market conditions are creating new opportunities for buyers.

Montreal remains an exception. While condo prices have stayed relatively strong, the market has started to cool, and experts believe affordability could gradually improve if prices continue to stabilize.

For first-time buyers, investors, or anyone considering a condo, this is a great reminder that market conditions are always evolving—and timing matters.

Thinking about buying a condo in the Montreal area? Let's talk about your options and find the right opportunity for you.

Source: RBC Economics – Housing Trends & Affordability Report (2026).