Cornerstone Association of REALTORS - Hamilton and Burlington

The statistics provided in this report are based on information from the ITSO MLS® System. Multiple MLS® Systems operate within Ontario, and while none can be guaranteed to include every property listed or sold within a given area, they effectively illustrate market trends.

“Sales activity in the Hamilton-Burlington area market saw a pullback in July, with an 11.0% decline year-over-year, while new listings also continued to tighten, falling 17.6% compared to the same period last year,” said Bill Duce, CEO of Cornerstone. “At 4.6 months of supply, inventory remains high by Hamilton-Burlington’s historical standards, giving buyers more choice and creating more buyer-friendly conditions than we have typically seen in this market. However, affordability challenges continue to temper demand, with many prospective buyers still cautious despite improved selection. The MLS® Home Price Index continues to show modest adjustments, down 4.9% year-over-year, which may present some opportunities for buyers who have been waiting on the sidelines. As always, market conditions can vary significantly from neighbourhood to neighbourhood, which is why it’s important to work with a local REALTOR®.”

Hamilton-Burlington-Haldimand-Niagara North Area Highlights:

Home sales decreased 11.8% month-over-month.

The number of newly listed properties decreased by 17.2% on a month-over-month basis.

The MLS® Home Price Index (HPI) was $729,800 in July 2026, a decrease of 1.0% compared to a month ago, and down 4.9% on a year-over-year basis.

The inventory of homes for sale across the market area decreased by 5.8% from the previous month and decreased by 13.0% year-over-year.

By the end of July, the months’ supply was 4.6 months across all property types, down from 4.8 months over the previous month and 8.0% lower than in July 2025

For more information https://cornerstone.inc/housing-market-statistics/