After years of scarcity, supply is back. Province-wide, Quebec totalled 42,066 active listings (+13%) and 15,405 new listings (+5%) in May 2026. For a seller listing now, that changes the game: more properties competing, but a market that stays supportive. For the full provincial picture, see our May 2026 Quebec market analysis. Here is how to read this supply rebuild.
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1. The Number: 42,066 Active Listings
The 42,066 active listings of May 2026 (+13% year over year) mark a clear rise in the choice available to buyers across the province. The flow of new listings follows: 15,405 (+5%). In other words, it is not just leftover stock piling up: owners are actively deciding to sell. The Quebec market is stepping out of the shortage that defined recent years.
2. More Supply: What It Means for a Seller
In practice, your property is no longer one of the rare few available: it is compared with more of them. Negotiating power rebalances slightly toward the buyer, who takes time to shop. That does not mean the market is unfavourable: it means positioning matters. A well-presented, correctly priced home stands out; an overpriced one drowns in the abundance and piles up days on market.
3. Prices Are Holding Anyway
Reassuring for sellers: the rise in supply has not sent prices tumbling. In May 2026, the median single-family price in Quebec reached $524,900, up 5% year over year. The month's 9,300 sales (-6%) confirm a market slowing in volume without correcting in value. The supply rebuild acts as a valve: it cools bidding wars rather than breaking prices.
4. Listing Now: A Fair Price From the Start
A listing's first week is the most watched: it is when interest peaks. In a better-supplied market, a price aligned with recent comparables captures that attention; an inflated price set “to test” the market burns it and condemns the listing to successive cuts that signal weakness. The right reflex: start fair, not “high to negotiate.”
5. Timing With the Bank of Canada
The financing backdrop works in your favour: the policy rate is held at 2.25% since June 10 (5th hold), with a prime rate at 4.45%. Solvent buyers are therefore present and their borrowing capacity is predictable. The next decision, on July 15, 2026, has not yet been made; in the meantime, selling within a stable-rate window avoids the bet of waiting for a hypothetically hotter market.