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May 2026 brought mixed market conditions across Toronto, Hamilton, Burlington, and Oakville. Average home prices increased year-over-year in Burlington and Oakville, with Oakville recording the strongest growth. Prices declined in Toronto and Hamilton. Sales activity increased in Burlington and Toronto, while Hamilton and Oakville experienced slight decreases in transactions.
Condos remained the weakest segment for price growth across all four markets, while detached homes performed especially well in Burlington and Oakville. Overall, buyers continue to be selective and price-conscious, with market momentum varying considerably by location and property type.
