10/01/2026
AUGUST 2026 – REGIONAL & MUNICIPAL STATS (NIAGARA, HAMILTON & HALDIMAND)
Good afternoon everyone,
Hope you all had a great summer and now back into the swing of things with kids back to school, work and looking forward to the winter months. LOL, I know some of you are not.
Bank of Canada has held their rate again at 2.25%, but as inflation starts to creep above 3%, that may not continue and we may see them increase the rates at the next meeting.Below is a breakdown of the Niagara Municipality stats & Regional (NIAGARA, HAMILTON & HALDIMAND)
Year-over-Year Summary (August 2025 vs. August 2026)
Number of Sales: Dropped by 8.6% (from 545 to 498).
HPI Benchmark Price: Decreased by 6.2% (from $607,700 to $569,800).
Average Days on Market (DOM): Decreased by 6.3% (from 48 to 45 days).
New Listings: Decreased significantly by 18.6% (from 1,415 to 1,152).
Month-over-Month Summary (July 2026 vs. August 2026)
Number of Sales: Down 17.0% (from 600 to 498).
HPI Benchmark Price: Remained relatively flat, edging down 0.4% (from $572,200 to $569,800).
Average Days on Market (DOM): Increased by 7.1% (from 42 to 45 days).
New Listings: Down 22.5% (from 1,487 to 1,152).
Local Breakdown Highlights (August 2026)
Highest Benchmark Price: Niagara-on-the-Lake at $859,200 (Down 6.2% YoY, down 1.3% MoM).
Lowest Benchmark Price: Port Colborne/Wainfleet at $473,500
(Down 6.1% YoY, down 0.8% MoM) and Welland at $488,800.
Most Active Area (Sales Volume): St. Catharines led with 116 sales, followed by Niagara Falls with 111 sales.
Fastest Selling Area: West Lincoln with an average of 32 days on market, followed by Grimsby at 35 days.
Slowest Selling Area: Niagara-on-the-Lake with an average of 70 days on market.
1. Niagara Region
Monthly Sales (August 2026): 483 sales (down 17.8% from July 2026).
Freehold Sales: 420
Condo Sales: 63
August Average Sale Price: $650,000 total ($669,000 Freehold, $523,000 Condo).
Year-to-Date (YTD) Stats:
Units Sold YTD: 3,953 (down 4.6% YTD).
Average Price YTD: $651,000 (down 4.5% YTD).
Luxury Sales ($1M+): 328 (down 28%).
Market Indicators:
Active Listings: 2,844
Months of Inventory: 6 months (Balanced Market)
2. Haldimand
Monthly Sales (August 2026): 59 sales (up 5.3% from July 2026)
Freehold Sales: 55
Condo Sales: 4
August Average Sale Price: $631,000 total ($645,000 Freehold, $431,000 Condo).
Year-to-Date (YTD) Stats:
Units Sold YTD: 383 (down 16.1% YTD).
Average Price YTD: $668,000 (down 3.1% YTD).
Luxury Sales ($1M+): 27 (down 35%).
Market Indicators:
Active Listings: 283
Months of Inventory: 5 months (Balanced Market)
3. Hamilton Region
Monthly Sales (August 2026): 379 sales (down 24.8% from July 2026).
Freehold Sales: 318
Condo Sales: 61
August Average Sale Price: $744,000 total ($794,000 Freehold, $482,000 Condo).
Year-to-Date (YTD) Stats:
Units Sold YTD: 3,600 (down 7.4% YTD).
Average Price YTD: $750,000 (down 5.0% YTD).
Luxury Sales ($1M+): 565 (down 19.8%).
Market Indicators:
Active Listings: 1,703
Months of Inventory: 5 months (Balanced Market)
Agents: Terry Cox & Rose Dorio (Royal LePage NRC REALTY)
Direct Phone: 905-931-1384
Email: [email protected]
Website: www.terryandrose.com
