Hamilton: 10 Straight Quarters of Affordability Gains | I help wonderful people buy & sell great homes – its an honour when you refer your family, friends and neighbours!

Hamilton has now seen 10 consecutive quarters of improved affordability—a hopeful trend for those looking to make a move. By late Q2 2026, even though mortgage rates inched up slightly, home prices dipped enough to tip the scales toward better affordability in our city. The typical mortgage payment for a representative home in Hamilton landed at about 58% of the median income, which is still a stretch for many families, but it’s a step in the right direction. It’s worth noting that we’re still more than 14 percentage points above the city’s long-term affordability average—meaning, despite recent progress, local buyers are still facing costs well above what’s historically been normal. These gains are encouraging, but the journey isn’t over yet. The most recent outlook suggests that mortgage rates likely won’t be offering much more relief soon, so steady income growth and sensible home prices will be key to making homeownership more accessible. If you’re navigating these changing conditions, know that my approach—rooted in honesty, experience, and genuine care—means you’ll always have the facts and a steady hand on your side while you find that next place to truly call home.