Courtesy of Chuck Farrauto

EXCESS SUPPLY IN THE RESALE MARKET CONTINUES TO WEIGH ON HOME PRICES

$504,047 apartment DOWN 12.2% year-to-year

$950,930 detached DOWN 1.9% year-to-year

AVERAGE SALE PRICES

$697,553 rowhouse DOWN 3.5% year-to-year

886

SOLD LISTINGS

1,945 NEW LISTINGS

detached 1,240

359 258 rowhouse apartment

45.5% SALES TO NEW LISTING RATIO

38 DAYS ON MARKET

4.4 MONTHS OF INVENTORY

3,912 ACTIVE LISTINGS

hopeful signal of market recovery as buyers enter the market at lower home prices.” 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 per cent lower than last July. Statistics reflect market activity in July 2025 | Source: Cornerstone Association of REALTORS ® | Market values stated are of the average of Hamilton and surrounding region. Hamilton includes: Hamilton West, Hamilton East, Hamilton Centre, Hamilton Mountain, Flamborough, Dundas, Ancaster, Waterdown, Stoney Creek and Glanbrook. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

Hamilton, ON (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 per cent 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 per cent lower than last year, and 36 per cent 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,” says Nicolas von Bredow, Cornerstone spokesperson for the Hamilton-Burlington market area. “While the Bank of Canada maintained the policy rate in July, the uptick in sales during the same month is a

COMPLIMENTARY MARKET EVALUATION

We now have access to 22 Real Estate Boards in Ontario including Toronto, the largest Real Estate Board on the planet. It only takes a few minutes to do a computer generated ballpark value of your property, or to research valuations in all of these areas. Further, I’m working with associates in the East Coast and British Columbia. If you would like to get an idea of what your property would fetch in this market, don’t hesitate to give us a call. Office: 905-389-3737

Chuck Farrauto Sales Representative chuckfarrauto@realtynetwork.biz

Samantha Lefebvre Sales Representative info@samanthalefebvre.com

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