#GoodReads – April Stats
“…There were 1,521 home sales recorded via the Multiple Listing Service® (MLS®) System of the Cornerstone Association of REALTORS® (Cornerstone) in April 2026, representing a 15.2 per cent increase month-over-month, and a 4.3 per cent decline year-over-year.
‘The real estate market has gained positive momentum this spring, with steady month-over-month growth in sales and new listing activity since the start of the year, although at a more moderate pace than the same period in 2025,’ said Bill Duce, CEO of Cornerstone. ‘It is encouraging that we are still early in the spring market. These April numbers are just the beginning, and May and June are typically among the strongest months of the year. The Bank of Canada’s decision last week to hold the policy rate was a welcome signal of stability, giving both buyers and sellers greater confidence to move forward with their real estate goals. For those who have been waiting on the sidelines, now is a great time to re-engage with the market.’
While the MLS® Home Price Index (MLS® HPI) composite benchmark was down year-over-year in Cornerstone’s major market areas, most areas saw an increase on a month-over-month basis.
| Area |
HPI Benchmark
April 2026 |
Monthly % Change |
Yr./Yr. % Change |
| Burlington |
$876,100 |
-1.9% |
-8.0% |
| Cambridge |
$686,000 |
+1.5% |
-5.4% |
| Haldimand County |
$644,700 |
+1.3% |
-6.0% |
| Hamilton |
$685,900 |
+1.4% |
-7.7% |
| Kitchener-Waterloo |
$650,400 |
+0.1% |
-6.7% |
| Mississauga |
$958,700 |
-2.7% |
-7.4% |
| Niagara North |
$683,500 |
0.0% |
-6.1% |
| Norfolk County |
$561,900 |
+0.6% |
-3.8% |
|
|
| There were 3,790 new listings added to Cornerstone’s MLS® System last month, a decline of 3.7 per cent year-over-year, and an increase of 21.5 per cent over March 2026. |
|
The total inventory across Cornerstone’s market areas increased 17.1 per cent over the previous month and represents a 4.4 per cent decrease year-over-year. There was a 4.3-month supply at the end of April, representing a 2.4 per cent year-over-year increase. The number of months of inventory represents the time it would take to sell the current inventory at the current sales rate.
The average days on the market across all Cornerstone market areas was 33 in
April, compared to 39 days in March 2026…”
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