Cornerstone Association of REALTORS
Real Estate Board — Market Data & Trends
Overview
The composite benchmark price for REALTORS Association of Hamilton-Burlington was $736,500 in February 2026, the most recent month on record, down 7.9% year over year and up 1.6% on the month.
Across the 3 months on record — May 2025 to February 2026 — the benchmark fell 6.4%, from $786,800 to $736,500.
The high over that window was $786,800 in May 2025; the benchmark now sits 6.4% below it.
The low was $734,700 in November 2025.
The segments have not moved together: detached homes lost 5.3%, apartments lost 8.5% and townhouses lost 10.3% over the window — a spread of 5.0 percentage points between detached homes and townhouses.
As of February 2026 the benchmark stands at $836,200 for detached homes, $607,500 for townhouses and $456,700 for apartments.
Inventory stands at 3.5 months of supply, which the board's own thresholds classify as a sellers' market.
These are figures published by REALTORS Association of Hamilton-Burlington. The period-over-period comparisons above — the change over the window, the high and the low and the spread between property types — are arithmetic compiled by this publication from 3 monthly releases, May 2025 through February 2026.
Board Report
Key Takeaways
July 2026- “Sales activity in the Hamilton-Burlington area market saw a pullback in July, with an 11.0% decline year-over-year, while new listings also continued to tighten, falling 17.6% compared to the same period last year,” said Bill Duce, CEO of Cornerstone.
- By the end of July, the months’ supply was 4.6 months across all property types, down from 4.8 months over the previous month and 8.0% lower than in July 2025 For more information https://cornerstone.inc/housing-market-statistics/
- The MLS® Home Price Index (HPI) was $729,800 in July 2026, a decrease of 1.0% compared to a month ago, and down 4.9% on a year-over-year basis.
Source: Cornerstone Association of REALTORS
With 4.6 months of inventory, the market is near equilibrium with a slight tilt toward sellers. Properties sell within a reasonable timeframe, and pricing is competitive but not extreme.
Cornerstone Association of REALTORS Narrative
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.
“Sales activity in the Hamilton-Burlington area market saw a pullback in July, with an 11.0% decline year-over-year, while new listings also continued to tighten, falling 17.6% compared to the same period last year,” said Bill Duce, CEO of Cornerstone. “At 4.6 months of supply, inventory remains high by Hamilton-Burlington’s historical standards, giving buyers more choice and creating more buyer-friendly conditions than we have typically seen in this market. However, affordability challenges continue to temper demand, with many prospective buyers still cautious despite improved selection. The MLS® Home Price Index continues to show modest adjustments, down 4.9% year-over-year, which may present some opportunities for buyers who have been waiting on the sidelines. As always, market conditions can vary significantly from neighbourhood to neighbourhood, which is why it’s important to work with a local REALTOR®.”
Hamilton-Burlington-Haldimand-Niagara North Area Highlights:
Home sales decreased 11.8% month-over-month.
The number of newly listed properties decreased by 17.2% on a month-over-month basis.
The MLS® Home Price Index (HPI) was $729,800 in July 2026, a decrease of 1.0% compared to a month ago, and down 4.9% on a year-over-year basis.
The inventory of homes for sale across the market area decreased by 5.8% from the previous month and decreased by 13.0% year-over-year.
By the end of July, the months’ supply was 4.6 months across all property types, down from 4.8 months over the previous month and 8.0% lower than in July 2025
For more information https://cornerstone.inc/housing-market-statistics/
Market Balance
Months of Inventory
At 4.6 months of inventory, the market is balanced. Neither buyers nor sellers have a decisive advantage — a good time for realistic pricing and considered offers.
Source: Cornerstone Association of REALTORS via CREA MLS
Period: July 2026
Market statistics are provided for informational purposes only and may not reflect all real estate activity in the market. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Past performance does not guarantee future results. Consult a licensed real estate professional for specific advice.