Fernando Ferrari Realtor

May 2026 Market Update

Hamilton | Burlington | Haldimand | GTA

The market is not frozen. It is adjusting.
What Happened in May?

Home sales increased 6.5% month-over-month, while new listings dropped 3.5%.

The MLS® HPI price reached $744,000, up 0.8% from April, but still down 5.4% compared to last year.

Inventory & Market Balance
Inventory is still giving buyers more choice, with 4.8 months of supply across all property types.

That means we are not in the crazy seller’s market we saw before, but we are also not in a dead market.

My Take for Sellers
Pricing matters more than ever. If your home is priced right, marketed properly, and shows well, there are still serious buyers out there. But testing the market with an inflated price is not a strategy it is how listings sit.

My Take for Buyers
This is still a window of opportunity. You have more options, more negotiating room, and less pressure than during peak markets. But with sales increasing and new listings slowing down, good properties will not wait forever.

The Smart Move

The smart move right now is not guessing. It is understanding the numbers, the local neighbourhood, and the property type before making a decision.
Thinking of buying or selling in Burlington, Hamilton, Haldimand, or Niagara North? Let’s talk strategy before you make your next move.

Fernando Ferrari
Casora Realty Inc