Hamilton, ON (March 4, 2025) – Sales decreased 35 per cent year-over-year, reaching the lowest total for the month of February since 2009. However, new listings showed a more modest decline of nine per cent, which aligns with the month’s long-term averages. While sales slowed across all regions, Burlington experienced the most significant change. However, it will take some time to determine whether this is a trend or a one-off, as Burlington has held steady over the past few years. Despite these fluctuations, the market is showing signs of stabilizing and adjusting to long-term trends.
“Although the market looks different than what we have experienced the past few years, inventory and benchmark prices reflect a more stable market that is in alignment with long-term trends,” says Nicolas von Bredow, Cornerstone spokesperson for the Hamilton-Burlington market area. “Buyers and sellers are...[READ MORE]
Let our team of skilled professionals help you today.