Home Sales
-11.0%
798
DOWN
YEAR/YEAR
Average Price
-4.2%
$809,872
DOWN
YEAR/YEAR
New Listings
-17.6%
1,597
DOWN
YEAR/YEAR
Months Supply
-8.0%
4.6
Down
YEAR/YEAR
Days on Market
+7.9%
41
UP
YEAR/YEAR
Hamilton-Burlington-Haldimand-Niagara North July 2026 Statistics
“Sales activity in the Hamilton-Burlington area market saw a pullback in July, with an 11.0% decline year-over-year, while new listings also continued to tighten, falling 17.6% compared to the same period last year,” said Bill Duce, CEO of Cornerstone. “At 4.6 months of supply, inventory remains high by Hamilton-Burlington’s historical standards, giving buyers more choice and creating more buyer-friendly conditions than we have typically seen in this market. However, affordability challenges continue to temper demand, with many prospective buyers still cautious despite improved selection. The MLS® Home Price Index continues to show modest adjustments, down 4.9% year-over-year, which may present some opportunities for buyers who have been waiting on the sidelines. As always, market conditions can vary significantly from neighbourhood to neighbourhood, which is why it’s important to work with a local REALTOR®.”
Hamilton-Burlington-Haldimand-Niagara North Area Highlights:
- Home sales decreased 11.8% month-over-month.
- The number of newly listed properties decreased by 17.2% on a month-over-month basis.
- The MLS® Home Price Index (HPI) was $729,800 in July 2026, a decrease of 1.0% compared to a month ago, and down 4.9% on a year-over-year basis.
- The inventory of homes for sale across the market area decreased by 5.8% from the previous month and decreased by 13.0% year-over-year.
- By the end of July, the months’ supply was 4.6 months across all property types, down from 4.8 months over the previous month and 8.0% lower than in July 2025.
Hamilton-Burlington-Haldimand-Niagara - Monthly Quick Glance
*as of August 5, 2026
Hamilton - Monthly Quick Glance
Home Sales
-8.6%
500
DOWN
YEAR/YEAR
Average Price
-3.9%
$741,172
DOWN
YEAR/YEAR
New Listings
-19.8%
1,019
DOWN
YEAR/YEAR
Months of Supply
-9.6%
4.7
DOWN
YEAR/YEAR
Days on Market
+10.5%
42
UP
YEAR/YEAR
*as of August 5, 2026
Burlington - Monthly Quick Glance
Home Sales
-17.6%
178
DOWN
YEAR/YEAR
Average Price
-5.7%
$1,042,388
DOWN
YEAR/YEAR
New Listings
-18.2%
323
DOWN
YEAR/YEAR
Months of Supply
-18.6%
3.5
DOWN
YEAR/YEAR
Days on Market
+8.3%
39
UP
YEAR/YEAR
*as of August 5, 2026
Haldimand - Monthly Quick Glance
Home Sales
-9.5%
57
DOWN
YEAR/YEAR
Average Price
-1.2%
$639,022
DOWN
YEAR/YEAR
New Listings
+2.8%
145
UP
YEAR/YEAR
Months of Supply
+21.7%
7.3
UP
YEAR/YEAR
Days on Market
+6.7%
48
UP
YEAR/YEAR
*as of August 5, 2026
Niagara North - Monthly Quick Glance
Home Sales
-14.6%
71
DOWN
YEAR/YEAR
Average Price
+6.8%
$820,699
UP
YEAR/YEAR
New Listings
-8.6%
149
DOWN
YEAR/YEAR
Days on Market
+27.3%
42
UP
YEAR/YEAR
*as of August 5, 2026
Norfolk County July 2026 Statistics
"Norfolk County’s market showed greater resilience than other areas in July, with only three fewer sales than in the previous month, and a 3.2% decline compared to the same period last year,” said Bill Duce, CEO of Cornerstone. “While the number of new listings that came online in July was lower than the previous month, there was a 7.9% increase from July 2025. The months’ supply has climbed 29.0% year-over-year to 8.9 months, the highest level on record for Norfolk County. The MLS® Home Price Index declined 3.9% year-over-year, though the average sale price remains slightly above last year’s levels. Homes are selling more quickly than they were a year ago, suggesting that well-priced properties are attracting motivated buyers. Norfolk County continues to have its own distinct market, which is why working with a local REALTOR® who understands the area is the best way for buyers and sellers to navigate the evolving landscape.”
Norfolk Area Highlights:
- There were three fewer sales in July than in the previous month.
- The number of newly listed properties decreased by 10.2% on a month-over-month basis.
- The MLS® Home Price Index (HPI) was $550,600 in July 2026, a decline of 2.4% month-over-month and a decline of 3.9% on a year-over-year basis.
- The supply of inventory across the market increased by 15.0% on a year-over-year basis, and there was an 8.9-month supply of all property types by the end of July.
Norfolk County - Monthly Quick Glance
Home Sales
-3.2%
92
DOWN
YEAR/YEAR
Average Price
+1.0%
$628,790
UP
YEAR/YEAR
New Listings
+7.9%
247
UP
YEAR/YEAR
Months of Supply
+29.0%
8.9
UP
YEAR/YEAR
Days on Market
-11.5%
46
DOWN
YEAR/YEAR
*as of August 5, 2026
Mississauga July 2026 Statistics
"Home sales are still running well below typical levels for this time of year. On the listings side, new supply took a notable step down at the beginning of the year and has been trending lower since that time," said Bill Duce, CEO of Cornerstone. "Local market conditions have seen some improvement over last year as the balance has gradually shifted from deep buyer’s territory back to an almost balanced range. However, overall inventories remain historically elevated, and it will take a stronger rebound in demand, lower new supply, or a combination of both to anchor the market back in a balanced position."
Mississauga Area Highlights:
- Mississauga sales decreased by 8.1% compared to July 2025.
- The number of new listings decreased 14.8% on a year-over-year basis.
- The Mississauga Home Price Index (HPI) was $924,400 in July 2026, a decrease of 3.0% month-over-month, and down 5.6% on a year-over-year basis.
- The total months of inventory was 5.0 months at the end of July 2026, down from 5.1 months at the end of July 2025, but above the long range average of 2.9 months for this time of year.
Mississauga Market Quick Glance
Home Sales
-8.1%
500
DOWN
YEAR/YEAR
Average Price
-9.6%
$899,002
DOWN
YEAR/YEAR
New Listings
-14.8%
1,388
DOWN
YEAR/YEAR
Active Listings
-9.2%
2,518
DOWN
YEAR/YEAR
*as of July 6, 2026
Waterloo Region July 2026 Statistics
“Sales activity in Waterloo Region was sluggish in July, down 12.2% month-over-month and 10.0% compared to the same period last year. New listings also pulled back significantly, down 14.3% on a year-over-year basis; however, they were in line with the previous ten-year average for the month,” said Bill Duce, CEO of Cornerstone. “At 3.9 months, Waterloo Region had the lowest months of supply across our market areas, but inventory remained well above the 10-year July average of 1.92 months. This means buyers had more choice than is typical for this time of year, even as new listings moderated. The MLS® Home Price declined moderately across the region, as well as the average sale price, which was down 3.8% year-over-year. Whether you’re buying or selling, Waterloo Region has distinct communities that each tell their own story, and partnering with a local REALTOR® is an important first step to help you make an informed decision.”
- Waterloo Region home sales decreased 12.2% month-over-month.
- The number of newly listed properties decreased by 17.5% on a month-over-month basis.
- In Kitchener-Waterloo, the MLS® Home Price Index (HPI) was $633,300 in July 2026, a decrease of 1.3% month-over-month and a 5.5 % decline on a year-over-year basis. In Cambridge, the HPI was $662,100, which was a 1.3% decrease month-over-month and a drop of 6.3% on a year-over-year basis.
- The supply of inventory across the market decreased by 9.4% on a year-over-year basis, and there was a 3.9-month supply of all property types by the end of July, which was 4.9% lower than in July 2025.
Waterloo Region Market Quick Glance
Home Sales
-10.0%
582
DOWN
YEAR/YEAR
Average Price
-3.8%
$706,240
DOWN
YEAR/YEAR
New Listings
-14.3%
1,167
DOWN
YEAR/YEAR
Months Supply
-4.9%
3.9
DOWN
YEAR/YEAR
Days on Market
+3.1%
33
UP
YEAR/YEAR
*as of August 5, 2026
City of Cambridge Market Quick Glance
Home Sales
-9.6%
142
DOWN
YEAR/YEAR
Average Price
-7.8%
$670,068
DOWN
YEAR/YEAR
New Listings
-6.1%
294
DOWN
YEAR/YEAR
Months Supply
+2.9%
3.6
UP
YEAR/YEAR
Days on Market
+6.7%
32
UP
YEAR/YEAR
*as of August 5, 2026
City of Kitchener Market Quick Glance
Home Sales
-15.9%
244
DOWN
YEAR/YEAR
Average Price
-3.7%
$677,423
DOWN
YEAR/YEAR
New Listings
-17.9%
510
DOWN
YEAR/YEAR
Months Supply
-4.9%
3.9
DOWN
YEAR/YEAR
Days on Market
+3.3%
31
UP
YEAR/YEAR
*as of August 5, 2026
City of Waterloo Market Quick Glance
Home Sales
-6.5%
130
DOWN
YEAR/YEAR
Average Price
-2.3%
$737,043
DOWN
YEAR/YEAR
New Listings
-16.2%
258
DOWN
YEAR/YEAR
Months Supply
-10.2%
4.4
DOWN
YEAR/YEAR
Days on Market
+2.6%
39
UP
YEAR/YEAR
*as of August 5, 2026