April 2026

Hamilton’s real estate market continues to feel the impact of the wider economic slowdown, with buyer caution and increased choice shaping conditions across the city.

The REINZ reported 245 sales in April, down from 287 in March and below the 268 sales recorded in the same month last year. Median prices edged up slightly to $768,000, although values remain broadly within the range seen over the past three years.

This stability is understandable given the significant rise in available stock, with around 1,033 properties on the market by
mid-May, representing more than four months’ supply. The volume of listings is also creating uncertainty for buyers, many of whom are struggling to assess value in a crowded market.

That said, conditions are far from flat across all segments. Well-presented, well-priced properties supported by smart marketing campaigns are still attracting strong competition and generating multiple offers. While auction clearance rates have softened, the auction process is still proving effective in finding buyers and helping the market establish price, with many properties going on to sell shortly after auction day.