Longueuil real estate 2026: a seller's market, and a REM that won't reach you

Greater Montreal has been slowing for eleven months. Longueuil is holding firm. Houses there still sell in about thirty days, and the median price is up almost 6% in a year. At the same time, one piece of news changes the math for many buyers: the REM extension toward Longueuil has been abandoned. Here's what that means in concrete terms.

The region is slowing. Longueuil, less so.

Start with the wide view. In June, the QPAREB counted 4,012 residential sales in the Montreal metropolitan area, down 8% in a year. Inventory rose for an eleventh straight month: 20,894 properties for sale, 17% more than a year ago. More choice, less pressure, buyers taking their time.

Longueuil tells a somewhat different story. The median price of a single-family home there sits around $540,000, up about 5.9% year over year according to QPAREB data. A house sells in 32 days on average, and sellers are getting essentially 100% of their asking price. The first-quarter sales-to-listings ratio came in at 65%, which is still a seller's market. Supply is simply too thin for the demand.

Why the gap with the rest of the region? A good part of Greater Montreal's inventory growth is coming from condos. In Longueuil, the neighbourhood house remains rare and sought after by families who want space without paying Montreal prices. For comparison: a median single-family home costs around $540,000 in Longueuil against nearly $800,000 in Montreal. That's a difference of roughly $250,000 for a family willing to cross the bridge.

What Longueuil is worth, sector by sector

Longueuil isn't one single market. Between Vieux-Longueuil and Saint-Hubert, the price gap is real. Here are the 2026 reference points:

• Vieux-Longueuil: median around $570,000 for a single-family home. The most expensive sector, thanks to the metro, the services and the established streets.
• Saint-Hubert: markedly more affordable, with good transaction volume. Often the entry point for a first house in Longueuil.
• Greenfield Park: in between the two, valued for its quiet residential feel and quick access to the bridge.

These figures are medians. Two houses in the same sector can be $150,000 apart depending on condition, lot and street. That's exactly where an evaluation earns its keep.

The REM in Longueuil: what just changed

For years, Longueuil was sold partly on a promise: the REM extension along Boulevard Taschereau, out to Cégep Édouard-Montpetit. That promise just fell through. CDPQ Infra has confirmed it is dropping the Longueuil extension project to focus on the reliability of the South Shore branch already in service.

It's worth being clear about what this means, and what it doesn't. The REM that already links the South Shore to downtown through Brossard station is still running. What's abandoned is the branch that was supposed to push the network deeper into Longueuil. Buyers who were betting on a future station at their doorstep need to redo their math.

To me, this doesn't make Longueuil less attractive. The metro is still there. So are the bridges, highways 20 and 30, and the RTL bus network. But if you're shopping a sector while telling yourself the REM will come through soon, take that line out of your equation. Buy the neighbourhood for what it offers now, not for a transit map that has changed.

And rates, this week?

The Bank of Canada held its policy rate at 2.25%, a sixth consecutive hold. The best mortgage rates sit around 3.94 to 4.09% for an insured five-year fixed, and near 3.35% for a variable. For a Longueuil buyer, that means a predictable budget for the rest of the summer. For a seller, it means buyers who can commit without fearing a hike the following week.

What this means for you

• You're selling in Longueuil: the balance still favours you, but the 2026 buyer compares everything and won't overpay. A well-prepared house at the right price sells in a month. An optimistically priced one sits on the market and ends up cutting.
• You're buying in Longueuil: you have more choice than two years ago, but the right house at the right price still goes fast. Keep your pre-approval current and decide quickly when the property is right. Don't pay a premium for a REM that isn't coming.
• You're torn between Longueuil and another city: compare the full cost. Price, transfer tax, municipal taxes and real commute time. Longueuil's metro is often worth more than a train station that's still hypothetical somewhere else.

Want to know what your house is worth in Longueuil today, or what your budget really buys in Vieux-Longueuil, Saint-Hubert or Greenfield Park? Request a free evaluation or write to me directly. I answer personally, with your sector's recent sales in hand.