Increased Supply and Low Demand Pressure Home Prices in Hamilton-Burlington Market Activity Well Below Typical May Levels, ButShows Improvements Over April
Hamilton, ON (June 5, 2025) —In May, 908 units were sold across Hamilton, Burlington, Haldimand County, and Niagara North. Although sales increased by nearly 13 per cent compared to the previous month, they were 14 per cent lower than the same month last year, and 37 per cent lower than typical levels in May.
“Buyers and sellers alike continue to adopt a cautious stance toward the market due to ongoing economic uncertainty and instability. Although the number of sales and new listings improved from April, they remain significantly lower than typical levels. However, with fewer sales and an increase in supply, the unadjusted benchmark price has decreased from the previous month and is nearly ten per cent lower than last year’s levels.”
– Nicolas von Bredow, Cornerstone spokesperson for the HamiltonBurlington market area.
In May, 2,319 new listings were added across the region, maintaining the sales-to-new listings ratio at 40 percent, which is low enough to drive further inventory gains. Weaker sales activity combined with higher listings increased the months of supply compared to the previous month. The region has not experienced 4.1 months of supply in May since 1998.
Year-to-date, sales have eased across all property types, with slightly higher declines occurring for higher-density style homes. Benchmark prices have also eased across all property types. The year-to-date declines have been the steepest for apartment-style properties, exceeding 6%, while other property types have reported declines of around 3%.
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