Home sales in Hamilton, Burlington, Haldimand County, and Niagara North dropped to 805 units in April 2025—a 26% decline from last year and 46% below typical April levels. Uncertainty around tariffs is dampening market activity, while new listings surged to 2,043, pushing the sales-to-new listings ratio down to 39% and months of supply up to 4—the highest since 2009. Weaker demand and rising inventory are putting downward pressure on prices, with the benchmark price falling to $803,700, down nearly 1% from March and over 6% year-over-year, with Burlington seeing the sharpest decline.
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