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663 storiesnewest firstlatest June 10, 2026page 34 of 34
Montreal’s asking rents have remained steady over the past two years despite the city achieving its highest ever level of newly built rental units since 2024, indicating a rental market where increased supply has balanced demand.
An average 11‑month wait for residential permits in Montreal is leading developers to consider building in neighboring areas, potentially reducing new housing projects within the city.
A judge ordered a pause on demolishing the encampment under Montreal's Van Horne viaduct on June 9, 2026, pending a full court judgment, requiring the city to maintain the status quo until the decision is rendered.
