March Housing Market Summary – Hamilton-Burlington Area
Home sales in Hamilton, Burlington, Haldimand County, and Niagara North fell sharply in March 2025, hitting 701 units—the lowest for the month since 2009. Total Q1 sales reached 1,854, down 27% year-over-year. Most areas saw double-digit declines, except Haldimand County, which had only a slight dip.
Market uncertainty, particularly around tariffs, continues to suppress activity. However, higher inventory and softening prices are offering buyers more time and options.
March also saw a surge in new listings, keeping the sales-to-new listings ratio low at 40% and pushing months of supply to four—unusually high for the season. Increased supply and reduced demand pushed the benchmark home price down to $811,000, a 1% drop from February and 5% lower than a year ago.
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