08/11/2026
๐ฃ JULY MARKET STATS ๐
Thinking about buying? Julyโs market numbers are worth a look.
๐ Sales slowed in July, down 11.8% month-over-month and 11.0% year-over-year.
๐ก New listings tightened, falling 17.2% from June and 17.6% year-over-year.
๐ฐ Benchmark price: $729,800 โ down 1.0% from June and 4.9% year-over-year.
๐ฆ Inventory eased to 4.6 months of supply, giving buyers more choice and creating more buyer-friendly conditions.
Market takeaway: While affordability challenges continue to slow demand, higher inventory and softer prices are creating opportunities for buyers who have been waiting on the sidelines.
๐ธ: ๐111 Spadina Ave, Hamilton ON - Daniela Tofano Real Estate | REALTORยฎ