Quebec’s Real Estate Market Gradually Rebalances in the Second Quarter

The Quebec real estate market showed signs of rebalancing in the second quarter of 2026, with a noticeable decrease in residential transactions compared to the previous quarter. The Quebec Professional Association of Real Estate Brokers reported a drop in completed transactions, suggesting a cooling effect after a period of intense activity. This shift is significant as it may indicate a stabilization in prices and a return to more sustainable market conditions. The rebalancing could be a response to rising interest rates and changing buyer behavior, signaling a potential shift in the dynamics of the housing market.