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march 2026

Sales Drop in March in the Gatineau CMA, but Inventory Continues to Grow for Spring

Although residential property sales fell by 11% in March compared to 2025, inventory continues to rise: new listings increased by 22%, bringing the total number of active listings to a 29% increase. Nevertheless, the market remains a seller’s market because the inventory of 1,643 properties remains low. 

While the number of single-family home sales in February showed a 9% increase compared to 2025, the opposite occurred in March, with a 9% year-over-year decline. The situation is hardly any better for condominiums, with sales plummeting by 32% (from 87 to 59). However, current listings offer a 46% wider selection than last year, with 372 units on the market. Finally, there was a strong rebound in plex sales, with 44 sales—a 19% jump—and an impressive average time on the market of just 23 days (compared to 65 in 2025). 

The median price for each property category is fairly stable, with variations between 1% and 3%. The price of single-family homes, in particular, fell by $5,000 in one month to $485,000, which is $15,000 less on average than in 2025. 

For Roch St-Jacques, chairman of the board of directors of the Outaouais Real Estate Board, this slow start to 2026 is normal, given that 2025 was an exceptional year. “It’s like a small campfire where it takes time for the flame to catch. But you can feel it coming. It may be slower than previous springs, but with 391 total sales, we’re still seeing excellent numbers,” he explains. 

Roch St-Jacques estimates that for the market to reach equilibrium, current inventory would need to double, providing 8 to 10 months of supply. In his view, we will get closer to that level as the year progresses. “2026 will be better than 2025 in the last two quarters, while it will be worse than 2025 in the first two. The social context isn’t the same either,” he adds.  

FOR CUMULATIVE DATA SINCE JANUARY 2025, PLEASE CONSULT THE MONTHLY STATISTICS SHEET FOR THE GATINEAU CMA RESALE MARKET

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