The biggest news story from the Cornerstone Association of Realtors® this month is the fact that Hamilton-Burlington area home sales are still seeing an impact from economic uncertainty. However, new listings are similar to 2024 levels.
There were 831 home sales reported in Hamilton-Burlington in June 2025, down 6.4% from last year. New listings were only down about 0.1% year-over-year, with 2,064 listings hitting the market last month.
Last month’s sales contributed to a year-to-date decline in sales of 20%, the slowest start to the year since 2010. New listings and slower sales put more downward pressure on prices. The average residential price in Hamilton-Burlington was $889,801, down 2.1% over last year.
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Let’s take a closer look at what happened in the local real estate market last month:
Hamilton Market Activity
| Variable | 2025 | Difference |
|---|---|---|
| Sales Activity | 503 | -5.8% |
| New Listings | 1,274 | -0.1% |
| Active Listings | 2,499 | 27.5% |
| Months of Inventory | 5.0 | 35.4% |
| Average Price | $821,716 | -0.8% |
| Median Price | $732,500 | -1.7% |
| Average Days on Market | 33.8 | 31.2% |
Burlington Market Activity
| Variable | 2025 | Difference |
|---|---|---|
| Sales Activity | 199 | -4.3% |
| New Listings | 456 | 8.1% |
| Active Listings | 762 | 27.0% |
| Months of Inventory | 3.8 | 32.7% |
| Average Price | $1,171,517 | -3.3% |
| Median Price | $970,000 | -2.8% |
| Average Days on Market | 28.5 | 33.8% |
The real estate market is always changing. Before buying or selling, make sure you’re up-to-date on the latest insights. Read our past market report blogs right here.
Sales Activity
Hamilton had 503 residential sales last month, down 5.8% from June 2024. Burlington’s year-over-year decrease was less severe at 4.3%, with 199 home sales last month
New Listings
The lion’s share of new listings in the area was in Hamilton. New listings were down 0.1% year-over-year, with 1,274 listings hitting the market in Hamilton last month. There were 456 new listings in Burlington, up 8.1% over June 2024.
Active Listings
Inventory in Hamilton was up 27.5%, with 2,499 active listings on the market. Burlington saw a similar increase of 27% and 762 active listings.
Months of Supply
Months of supply were once again on the rise last month. Hamilton saw 5 months of inventory, up 35.4% over 2024. Burlington had about 3.8 months of inventory last month, up 32.7% year-over-year.
Average Days on Market
The average number of days on the market in Hamilton was 33.8, up 31.2% last month over June 2024. Burlington’s days on market were slightly lower at 28.5, but still up 33.8% year-over-year.
Average Prices
Average prices softened slightly in Hamilton and Burlington last month. The average residential price in Hamilton in June was $821,716, down 0.8% from a year ago. Residential home prices in Burlington were down 3.3% year-over-year, resting at $1,171,517 in June.
In the News
Canadian inflation remained steady last month, likely giving some relief to Bank of Canada policymakers. However, policymakers still say they may need to “see more progress” before resuming rate cuts.
Toronto lenders are noticing an increasing number of developers seeking “inventory” loans against unsold units. The rise in this type of loan could be a signal that the new home industry is in “distress.”
Canada’s share of exports to the US shrank to 68.3% in May, marking the smallest proportion in 20 years, excluding the pandemic years. It was the fourth consecutive month of declining exports as Canadian consumers and businesses buy fewer cars and goods from the US. Interestingly, Canada’s exports to other countries reached a new high last month.
The average wages for working Canadians outpaced inflation in April. On average, wages increased 4.4% year-over-year, while inflation only increased 1.7% over last year.
A Look at What’s to Come
School’s out, summer is here, and I hope you’re enjoying some good weather—it won’t be long before we’re talking about fall again!
Sales across the market are still down year-over-year, but at Michael St. Jean Realty, we’re moving in the opposite direction—we’re up 80%.
The Bank of Canada held interest rates steady in June, mainly due to concerns around tariffs. The next meeting is on July 30th, and while most expect another hold, things could change quickly depending on how trade talks with the U.S. go. Prime Minister Mark Carney said they aim to wrap up those talks by the end of July. A deal could boost consumer confidence and give the Bank of Canada more room to cut rates in the fall.
The market has remained steady, but uncertainty in the news continues to impact activity. If that pressure eases, we could see a strong bounce-back this fall, especially if rates come down another 1–2 times. That could finally give us the fresh start we’ve been waiting for heading into 2026.
Are you thinking about making a real estate move in the near future? Call us at 1-844-484-SOLD or email us here for everything you need to know about buying and selling in this market.
