Hamilton-Burlington Real Estate Market: A Cautious Start to 2025, But Optimism Remains

The Hamilton-Burlington real estate market has seen a cautious start to 2025, with sales, new listings, and inventory levels all trending down compared to long-term averages. Haldimand County showed a slight improvement in sales, while Burlington experienced a more significant decline than Hamilton.

"While we are seeing some short-term challenges, the rise in inventory and the slight increase in benchmark prices reflect a market that remains adaptable," says Nicolas von Bredow, Cornerstone spokesperson. "Buyers and sellers are taking a more measured approach, but the strength of our housing market, particularly in areas like Haldimand County, shows there are opportunities in every corner of the region.”

Despite recent interest rate cuts, the impact on mortgage rates has been limited, and economic uncertainties are impacting consumer confidence. New listings are rising relative to sales, leading to the lowest January sales-to-new-listings ratio since 2011 and increasing inventory.

The regional benchmark price is $819,500, up nearly one per cent from last year, driven by detached, semi-detached, and row properties. However, apartment-style units have seen price declines.

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