Hamilton-Burlington Area Home Sales Increase for First Time Since End of 2024
(August 6, 2025) — In July, there were 886 sales across Hamilton, Burlington, Haldimand County, and Niagara North. Sales were up over the previous month and were 5.5 percent higher than the same period last year, marking the first year-over-year increase since the end of 2024. Year-to-date, 5,408 units were sold, 16 percent lower than last year and 36 percent below the 10-year average.
“Despite the increase in sales in July, the Hamilton-Burlington area is still experiencing lower overall sales for the year, leading to downward pressure on home sale prices, While the Bank of Canada maintained the policy rate in July, the uptick in sales during the same month is a hopeful signal of market recovery as buyers enter the market at lower home prices.”
– Nicolas von Bredow, Cornerstone spokesperson for the Hamilton-Burlington market area.
The number of new listings also slowed in July, which led to a small rise in the sales-to-new listings ratio at 46 percent. The months of supply decreased slightly but remained elevated at 4.4 months. The unadjusted benchmark price in the region was $763,700, down from the previous month and over nine percent lower than last July. 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.
Hamilton Real Estate Market—In July, there were 529 sales, slightly higher than last year, with growth in detached and semi-detached sales. Overall, July sales remained low compared to long-term trends and have been consistent with lower activity levels since 2022. Year-to-date sales remained low even with July’s increase in detached and semi-detached sales, which were unable to offset earlier declines. To date this year, Dundas has been the strongest area in Hamilton, with the smallest pullback in sales compared to last year and long-term trends. There were 1,257 new listings in July, down slightly compared to last month but similar to levels reported last year. With the modest gain in sales in July, the sales-to-new-listings ratio improved slightly to 42%, though it remains low by historical standards. This also maintained months of supply at nearly five months. Prices have continued to decline, with the July benchmark price reaching $715,500, down from last month and over eight percent lower than levels reported in the previous year. Prices eased across all property types, with the steepest declines occurring in apartment-style homes.
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