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Housing Price Index - What is it??

Rather than focusing on average sale prices (which can swing based on what sells in a given month), I like to look at the MLS Housing Price Index (HPI). The HPI tracks the value of a typical home by adjusting for size, style, and features, making it one of the most reliable ways to measure real market movement.

Housing Price Index uses a benchmark home (a statistically typical home an an area) and determines its value at different times to see what the market is doing. 

Example of a benchmark home is:

  • Detached benchmark:

    • 3 bedrooms

    • 2 bathrooms

    • ~1,500–1,800 sq ft

    • Typical lot size

    • Average age for the area

This benchmark is not a real house — it’s a model.

Hamilton, Niagara, and Haldimand all report benchmark prices based on a typical home model. It removes distortion from luxury sales, acreage, or condo-heavy months and shows what values are really doing for the average buyer.

📊 Haldimand 12-Month HPI Trend (Single-Family Benchmark)

From 12 months ago to November 2025:

  • 12 months ago: ~$693,900

  • November 2025: $675,800

📉 What this shows

Over the past year, the benchmark price for a typical single-family home in Haldimand County has:

  • Softened slightly, moving from about $693,900 → $675,800

  • That’s a modest drop, indicating that prices are largely stable with a mild cooling trend

  • Longer-term data (3- and 5-year figures) show that prices remain significantly higher than pre-pandemic levels

📊 Caledonia HPI – Averaged Benchmark (Single-Family)

November 2025 Benchmark Prices

  • Caledonia North East: $785,500

  • Caledonia North West: $631,100

  • Caledonia South East: $763,700

  • Caledonia South West: $646,800

👉 Average Caledonia Single-Family Benchmark: $706,775

On a 1-year basis, the averaged benchmark is down about 2.8% (≈$20,500) from November 2024, when it sat near $727,000.
Looking longer term, the 3-year benchmark is down roughly 4.7% (≈$34,700) from November 2022, when the average benchmark was approximately $741,500.

Hamilton Market Update – HPI Benchmark (Single-Family Homes)

The MLS® Housing Price Index (HPI) shows the benchmark price for a typical single-family home in Hamilton at $753,800 as of November 2025. The HPI adjusts for changes in home size, style, and features, making it a more reliable indicator of market direction than average sale price.

On a 1-year basis, Hamilton’s single-family benchmark is down approximately 7.7% (about $62,900) from November 2024, when it stood at $816,700. Looking longer term, the benchmark is down roughly 6.0% (about $48,200) compared to three years ago, reflecting a market that has cooled from peak levels but remains well above pre-pandemic pricing.

Where do we stand? 

Here’s where single-family home benchmarks landed as of November 2025:

  • Hamilton: ~$754,000
    ▸ Down ~7.7% year-over-year
    ▸ Down ~6.0% compared to three years ago

  • Caledonia (average of all zones): ~$707,000
    ▸ Down ~2.8% year-over-year
    ▸ Down ~4.7% compared to three years ago

  • Cayuga: ~$635,000
    ▸ Down ~3.3% year-over-year
    ▸ Down ~5.6% compared to three years ago

  • Hagersville: ~$600,000
    ▸ Down ~3.1% year-over-year
    ▸ Down ~4.6% compared to three years ago

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Open House. Open House on Sunday, January 11, 2026 2:00PM - 4:00PM

Please visit our Open House at 5126 CHIPPEWA Road East in Glanbrook. See details here

Open House on Sunday, January 11, 2026 2:00PM - 4:00PM

Amazing value in this serene country property, ideally located just minutes from all amenities, the airport, and highway access! This beautiful all-brick raised ranch is set back from the road and nestled on a mature half-acre lot with a large, fully fenced area—perfect for kids and dogs—backing onto a peaceful forest. The main floor offers a functional layout featuring an updated kitchen with granite countertops and an island that opens to the dining area and provides access to a spacious 3-season sunroom—ideal for morning coffee or relaxing. The family room off the dining area is generously sized, perfect for hosting family and friends during the holidays. The spacious primary bedroom is highlighted by a luxurious tile shower and a granite-topped vanity. Quality hardwood floors flow throughout the bedrooms and main floor living spaces. The bright lower level with oversized windows provides additional living space, including a large rec room with a gas fireplace and a walkout to the lower-level patio with access to the backyard. A 2-piece bathroom, laundry room, and interior access to the garage complete the basement. Need space for a workshop or extra vehicles? The oversized garage runs the full depth of the home, offering plenty of versatility. Don’t hesitate to book your showing—come experience this park-like property for yourself! (id:2493)

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New property listed in Caledonia

I have listed a new property at 2210 HIGHWAY 54 in Caledonia. See details here

This stunning 5-bedroom, 2.5-bathroom home spans over an energy efficient 3,800+sq/ft and is perfectly positioned to overlook the breathtaking Grand River. Nestled on a generous lot overlooking rolling fields at the back and river access just across the street, it’s an ideal setting for those who love the outdoors. Adding to its appeal, a massive 100’ x 40’ detached shop provides endless possibilities for hobbies, storage, or business use (w/ high speed fibre internet). The main floor boasts a spacious and inviting layout with 9ft ceilings, featuring a custom kitchen with a wood-paneled ceiling, stone countertops, a stylish herringbone backsplash, and a large island—perfect for gathering with family and friends. The adjacent dining room, with its tray ceiling and wood accent wall, offers picturesque views of the Grand River. The oversized great room is a true showstopper, complete with a floor-to-ceiling stone fireplace, vaulted ceiling, and expansive windows that frame stunning views in every direction. Step through one of two patio doors to your private outdoor oasis, featuring a large covered patio and built-in outdoor kitchen, ideal for entertaining. On one elevated side of the home, the primary suite offers a peaceful escape with a walk-in closet and a luxurious ensuite, complete with a custom tile shower. The second level hosts four additional bedrooms and a full 4-piece bathroom. The versatile basement offers even more potential, with its own private entrance from the attached double garage, making it an excellent option for an in-law suite or additional living space. For those needing extra room for vehicles, equipment, or recreational toys, this property delivers! The huge concrete parking area and driveway ensure ample outdoor storage/parking for vehicles/trailers. Don’t miss this rare opportunity to own a spectacular home in a prime location with endless possibilities! Luxury Certified (id:2493)

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New property listed in Glanbrook

I have listed a new property at 5126 CHIPPEWA Road East in Glanbrook. See details here

Amazing value in this serene country property, ideally located just minutes from all amenities, the airport, and highway access! This beautiful all-brick raised ranch is set back from the road and nestled on a mature half-acre lot with a large, fully fenced area—perfect for kids and dogs—backing onto a peaceful forest. The main floor offers a functional layout featuring an updated kitchen with granite countertops and an island that opens to the dining area and provides access to a spacious 3-season sunroom—ideal for morning coffee or relaxing. The family room off the dining area is generously sized, perfect for hosting family and friends during the holidays. The spacious primary bedroom is highlighted by a luxurious tile shower and a granite-topped vanity. Quality hardwood floors flow throughout the bedrooms and main floor living spaces. The bright lower level with oversized windows provides additional living space, including a large rec room with a gas fireplace and a walkout to the lower-level patio with access to the backyard. A 2-piece bathroom, laundry room, and interior access to the garage complete the basement. Need space for a workshop or extra vehicles? The oversized garage runs the full depth of the home, offering plenty of versatility. Don’t hesitate to book your showing—come experience this park-like property for yourself! (id:2493)

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New property listed in Caledonia

I have listed a new property at 17 KINTYRE Court in Caledonia. See details here

Welcome to this stunning 2-storey home offering over 3,300 sqft of finished living space, perfectly situated at the end of a quiet court on a pie-shaped lot close to schools and all amenities - perfect for families! Curb appeal boasts mature trees, landscaping, and a welcoming grand facade. Step inside to a spacious main floor featuring a bright kitchen with quartz countertops, island, and updated appliances, open to the family room with a cozy gas fireplace. A separate office provides the ideal work-from-home space. Dining room/living room offer more main floor space. Upstairs, the primary retreat impresses with a beautifully updated ensuite featuring a tiled glass shower, double sinks, and a stand-alone soaker tub. A rare oversized bedroom offers versatility as a teenager’s retreat or an additional family room on the second level. The finished lower level is designed for entertaining with a custom bar, built-in wine and beverage fridges, a stylish glass-enclosed gym, and 2-piece bath. Outdoors, enjoy your private backyard oasis with a large covered patio, on-ground pool with newer deck surround, relaxing hot tub, and storage shed. This home seamlessly blends space, style, and lifestyle—ready for your family to move in and enjoy. Properties like this don't come up often - don't hesitate to come experience court living (id:2493)

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Open House. Open House on Sunday, November 23, 2025 2:00PM - 4:00PM

Please visit our Open House at 5126 CHIPPEWA Road East in Glanbrook. See details here

Open House on Sunday, November 23, 2025 2:00PM - 4:00PM

Welcome to this serene country property, ideally located just minutes from all amenities, the airport, and highway access! This beautiful all-brick raised ranch is set back from the road and nestled on a mature half-acre lot with a large, fully fenced area—perfect for kids and dogs—backing onto a peaceful forest. The main floor offers a functional layout featuring an updated kitchen with granite countertops and an island that opens to the dining area and provides access to a spacious 3-season sunroom—ideal for morning coffee or relaxing. The family room off the dining area is generously sized, perfect for hosting family and friends during the holidays. The spacious primary bedroom is highlighted by a luxurious tile shower and a granite-topped vanity. Quality hardwood floors flow throughout the bedrooms and main floor living spaces. The bright lower level with oversized windows provides additional living space, including a large rec room with a gas fireplace and a walkout to the lower-level patio with access to the backyard. A 2-piece bathroom, laundry room, and interior access to the garage complete the basement. Need space for a workshop or extra vehicles? The oversized garage runs the full depth of the home, offering plenty of versatility. Don’t hesitate to book your showing—come experience this park-like property for yourself! (id:2493)

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New property listed in Caledonia

I have listed a new property at 31 INVERNESS Street in Caledonia. See details here

Great opportunity to purchase this property that has been double serviced with utilities to provide the opportunity for this lot to have a set of semi-detached homes built on it. The lot is conveniently located to the water park, river, and downtown amenities. This is perfect for someone who is looking to build for investment, live in one unit and rent the other, or a builder who may want to build both and sell! These sort of products do not come up often and provides someone with a turn key situation to move forward right away. Lot can also be purchased with adjacent lot to build a total of 4 semi-detached homes. (id:2493)

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New property listed in Caledonia

I have listed a new property at 29 INVERNESS Street in Caledonia. See details here

Great opportunity to purchase this property that has been double serviced with utilities to provide the opportunity for this lot to have a set of semi-detached homes built on it. The lot is conveniently located to the water park, river, and downtown amenities. This is perfect for someone who is looking to build for investment, live in one unit and rent the other, or a builder who may want to build both and sell! These sort of products do not come up often and provides someone with a turn key situation to move forward right away. Lot can also be purchased with adjacent lot to build a total of 4 semi-detached homes. (id:2493)

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Open House. Open House on Sunday, October 26, 2025 2:00PM - 4:00PM

Please visit our Open House at 5126 CHIPPEWA Road East in Glanbrook. See details here

Open House on Sunday, October 26, 2025 2:00PM - 4:00PM

Welcome to this serene country property, ideally located just minutes from all amenities, the airport, and highway access! This beautiful all-brick raised ranch is set back from the road and nestled on a mature half-acre lot with a large, fully fenced area—perfect for kids and dogs—backing onto a peaceful forest. The main floor offers a functional layout featuring an updated kitchen with granite countertops and an island that opens to the dining area and provides access to a spacious 3-season sunroom—ideal for morning coffee or relaxing. The family room off the dining area is generously sized, perfect for hosting family and friends during the holidays. The spacious primary bedroom is highlighted by a luxurious tile shower and a granite-topped vanity. Quality hardwood floors flow throughout the bedrooms and main floor living spaces. The bright lower level with oversized windows provides additional living space, including a large rec room with a gas fireplace and a walkout to the lower-level patio with access to the backyard. A 2-piece bathroom, laundry room, and interior access to the garage complete the basement. Need space for a workshop or extra vehicles? The oversized garage runs the full depth of the home, offering plenty of versatility. Don’t hesitate to book your showing—come experience this park-like property for yourself! (id:2493)

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New property listed in Haldimand County

I have listed a new property at 678 NANTICOKE CREEK Parkway in Haldimand County. See details here

Fantastic opportunity to own 3.74 acres of vacant land located just outside of Jarvis in Haldimand County. Zoned ML (Light Industrial), this property offers excellent potential for a very wide variety of commercial or industrial uses. Conveniently positioned with municipal water, sewer, and natural gas connections nearby, the site provides flexibility for future development. Easy access to major routes and nearby towns makes this an ideal location for business operations, storage, or investment. Whether you’re looking to expand an existing enterprise or start something new, this prime industrial parcel offers great value and potential in a growing region. (id:2493)

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