Market Statistics
(Historical Chart 2023)
2024 Home sales improved by end of 2024
Price growth moderated in 2024, signaling a positive shift for homebuyers Hamilton, ON (January 7, 2025) – The higher interest rate environment and economic uncertainty weighed on housing market activity in 2024. Slower sales throughout the spring season offset the...
Activity slows in line with typical seasonal trends
Modest year-over-year gain in sales Hamilton, ON (December 5, 2024) – Sales, new listings and inventory levels all trended down over October levels, which aligns with typical seasonal behaviour. However, sales did see modest gains over last November. Year-over-year...
Improved sales impact supply
Sales rise for the second month in a row Hamilton, ON (November 5, 2024) – Home sales improved over last month and last year's levels for the second consecutive month. While October sales are still lower than long-term trends for the month, this represents a...
Sales activity picks up in September
Prices ease as conditions favour the buyer Hamilton, ON (October 3, 2024) – Following several months of easing sales, September reported a shift in activity as sales rose over last year's levels. Sales improved across all of the reporting areas within the region and...
Sluggish sales and rising inventory persisted through August
Prices ease, and supply choice improves Hamilton, ON (September 3, 2024) – The Hamilton real estate market maintains recent trends, as sales continue to slow and inventory levels rise. August sales slowed to 690 units, contributing to the year-to-date decline of...
Hamilton-Burlington Area Housing Market Sees Inventories Rise as Sales Ease
Prices soften in July offsetting earlier gains Hamilton, ON (August 1 2024)– In July, a total of 804 homes were sold in the Hamilton-Burlington area via the Multiple Listing Service® (MLS®) System of the Cornerstone Association of REALTORS® (Cornerstone), contributing...
RISING SUPPLY LEVELS WEIGH ON HOME PRICES
RISING SUPPLY LEVELS WEIGH ON HOME PRICES Hamilton, ON (July 3 2024)– Sales in June continued declining compared to the previous month and the same period last year. With 835 sales recorded this month, they remain below long-term averages and are consistent with the...
May Inventories Rise to Levels Not Seen Since Before the Pandemic
SALES SLOW AS NEW LISTINGS RISE Hamilton, ON (June 3 2024)– The REALTORS® Association of Hamilton-Burlington (RAHB) noted 1,032 sales in May, marking a 20 per cent decrease compared to the previous year and 31 per cent below the long-term average for the month. This...
SALES ACTIVITY SLOW AS NEW LISTING RISE
PRICES TREND UP OVER LAST MONTH, BUT REMAIN BELOW LAST YEARS LEVELS Hamilton, ON (May 1 2024)– The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,041 sales in April, seven per cent fewer than in 2023 and well below long-term trends for the month of...
INVENTORY GAINS BRING MORE BALANCED CONDITIONS
BENCHMARK PRICES TREND UP ACROSS ALL REGIONS Hamilton, ON (April 2, 2024)– Sales in March reached 996 units, nearly six per cent lower than last year's levels. The decline in March sales was not enough to offset the gains reported over the first two months of 2024....
FEBRUARY BROUGHT A RISE IN BOTH SALES AND LISTINGS
RE-SALE PRICES REALTIVELY STABLE Hamilton, ON (March 1, 2024)– February sales reached 839 units, a modest gain compared to last year.While the leap year provided an additional day of activity, it did not impact Haldimand County, where sales activity slowed compared to...
PRICES REMAIN RELATIVELY STABLE COMPARED TO LAST JANUARY
MARKET CONDITIONS DIFFER WITHIN THE REGION Hamilton, ON (February 1, 2024)– The 608 sales are slightly higher than levels reported last year, as gains in detached and semi-detached sales offset the declines in apartment and row-style homes. Meanwhile, inventory levels...
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