The housing market in Hamilton/Burlington continues to show signs of favoring buyers, according to January data released by the Cornerstone Association of Realtors.
The association, which was formed through the merger of the former real estate boards in the Hamilton and Burlington regions, stated in its February 3 report that the number of new listings increased compared with December 2025. The report also recorded slight growth in local home sales.
Bill Dos, executive director of the Cornerstone Association, explained that the Hamilton/Burlington housing market is showing early signs of stabilization, with a noticeable month-to-month increase in sales despite an annual decline.
He added that homes are remaining on the market for longer periods, and inventory has risen by more than 23% compared with the previous year. This has given buyers a wider range of options and stronger negotiating power.
He noted that the stability of the home price index monthly may indicate that the market has reached a price equilibrium after significant annual fluctuations. Statistics also showed year-over-year price declines across all areas served by Cornerstone, except Norfolk County, which recorded a slight annual increase.
Dos emphasized that homeownership remains out of reach for many young people in Canada due to challenging economic conditions. He stressed the need for additional programs to support potential buyers and for the removal of fees that increase the cost of new homes in order to improve market conditions.
According to the report, the number of homes sold in Dundas fell to just seven in January, compared with 17 homes in January 2024 — a decline of 58%. Despite this drop, the average sale price rose sharply by 35% year over year, reaching $1,207,143 compared with $893,894.
Across all regions covered by the Cornerstone Association, homes took an average of about 54 days to sell in January. This marks the highest level recorded in more than a decade and is 20 days longer than the average for the same month over the past ten years.
