Norfolk County May Statistics
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.
“Norfolk County is experiencing one of the slowest Mays for sales activity, and with inventory sitting at 8.3 months’ supply, buyers in the market have more choices,” said Bill Duce, CEO of Cornerstone. “That said, there is reason for cautious optimism. The month-over-month sales increase of 5.2 per cent is a positive trend we have been tracking since the start of the year. For buyers, Norfolk County presents a genuine opportunity with more inventory, additional time to make decisions, and motivated sellers. For those on the selling side, working with a local REALTOR® to strategically price your property in this environment is key.”
Norfolk Area Highlights:
Norfolk County home sales increased 5.2% month-over-month.
The number of newly listed properties decreased by 5.1% on a month-over-month basis.
The MLS® Home Price Index (HPI) was $552,500 in May 2026, a drop of 1.7% month-over-month and a decline of 4.7% on a year-over-year basis.
The supply of inventory across the market increased by 11.9% on a year-over-year basis, and there was an 8.3-month supply of all property types by the end of May.
For more information https://cornerstone.inc/housing-market-statistics/
BOARD & ASSOCIATION INFORMATION
ABOUT CORNERSTONE Cornerstone Association of REALTORS® (Cornerstone) is a not-for-profit organization with over 325 years of collective service from its founding associations. Established on July 1, 2024, Cornerstone leads with purpose, advocates boldly, and creates positive change for the success of our members throughout Mississauga, Burlington, Hamilton, Waterloo Region, Niagara North, Haldimand County, Norfolk County, and surrounding areas. With nearly 8,000 members, Cornerstone is the second-largest REALTOR® association in Ontario, dedicated to promoting the greater good of the real estate community.

For more information,
please contact:__
Phone: (519) 426-4454
communications@cornerstone.inc
Julie Sergi




