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Hamilton-Burlington Area Home Sales and Prices Continue to be Impacted by Economic Uncertainty - The Rate of New Listings Remained Consistent with 2024 Levels
Hamilton, ON (July 8, 2025) —In June, there were 831 sales across Hamilton, Burlington, Haldimand County, and Niagara North. The slowdown in sales represented a 6% decrease compared to the same period last year and contributed to a year-to-date decline of 20%. This drop in sales marks the slowest start to the year since 2010.
“While some markets across Canada are showing signs of stability with more balanced conditions, including the Waterloo Region, the Hamilton-Burlington area is still experiencing subdued sales, putting downward pressure on home sale prices,” says Nicolas von Bredow, Cornerstone spokesperson for the Hamilton-Burlington market area. “While global market uncertainty has some buyers waiting on the sidelines, growing inventory levels and softer prices present a unique window of opportunity for those with a stable income and savings who are ready to leverage today’s market conditions to their advantage.”
Von Bredow continues, "The Hamilton-Burlington market area consists of several communities and neighbourhoods that often display results that differ from the region's overall average. Each neighbourhood has its unique characteristics, which can make it challenging to determine the right price and conditions when buying or selling a property. Local REALTORS® have the experience, knowledge, and tools necessary to assist buyers and sellers in making informed decisions. They know the questions to ask, the areas to probe and what to look for to get a complete picture of the property and community you're considering."
The number of new listings remained in line with last year’s levels, but the pullback in sales kept the sales-to-new listings ratio relatively low at 40%. The months of supply increased to nearly five months, giving way to softer prices. In June, the unadjusted benchmark price was $776,300, down from the previous month and nearly 9% lower than last June. The June benchmark price eased across all areas within the region and across all property types.
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