A quick Bank of Canada rate update for December 2025—and what it could mean for mortgages, buyers, sellers, and the real estate market heading into 2026.

While many Canadian markets may cool in 2026, Quebec is forecast to keep gaining momentum. Royal LePage projects continued price growth across the province, led by Québec City and steady appreciation in Greater Montréal.

Discover why West Island real estate is so popular with Montréal families, from quiet residential streets and green spaces to good schools, strong value, and convenient access to the rest of the city.