The Laval housing market in 2025 reflects broader Quebec real estate trends — moderating from the frenzied activity of 2021–2022, but with ongoing demand supported by population growth, limited new supply, and sustained interest in Montreal-area suburbs. This analysis examines where the market stands, what has changed, and what buyers and sellers should expect.
Laval's market in 2025 can be described as balanced to slightly in sellers' favour. Inventory remains below pre-pandemic levels in most property categories, particularly for single-family homes in desirable sectors. Multiple-offer situations still occur for well-priced properties in Chomedey, Vimont, and near the metro stations, though the frenzy of 2021 has eased significantly.
Single-family home prices in Laval appreciated aggressively between 2020 and 2022, gaining 40–50% in many sectors. Since then, prices have moderated by approximately 8–12% from peak levels, finding a new floor supported by underlying demand. The ~$680,000 average is well above pre-pandemic levels of ~$430,000.
The condo market has been more susceptible to oversupply in some sectors due to new construction near the Montmorency metro. New supply has kept price growth contained, though resale condos in good condition remain in demand. Investors have been less active at current price-to-rent ratios.
Townhouse properties continue to see solid demand from buyers who need more space than a condo but cannot afford a detached home. This segment has maintained values better than detached homes from peak levels.
The Bank of Canada's rate cutting cycle that began in 2024 has provided some relief to buyers. Mortgage rates have pulled back from their 2023 peaks. However, qualifying rates under the stress test remain elevated, keeping some buyers on the sidelines. Each rate cut incrementally improves borrowing capacity for qualifying buyers.
Laval's buyer pool consists primarily of Montreal residents moving outward for more space, first-time buyers who cannot afford island prices, immigrants and newcomers seeking suburban living, and some investors targeting the rental market near transit. The influx of new Canadians has been particularly notable in Chomedey, which has a long history of welcoming diverse communities.
Laval has an active new construction pipeline, particularly for condominiums near the metro and in newer sectors. New single-family homes are also available in the northern parts of the island. This new supply is helping to moderate price growth but has not created excess inventory in the detached home market.
Prices are expected to remain stable to modestly positive in 2025 for the following reasons:
The primary risk is a significant uptick in mortgage defaults or job losses, which are not currently expected.
For buyers: Be patient but pre-approved. Good properties in desirable sectors still move quickly. Do not expect steep discounts unless a property has issues or has been on the market an unusually long time.
For sellers: Proper pricing is essential. Overpriced properties sit longer in 2025 than in 2021. A realistic list price achieves better results than testing the market high.
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