New figures from the Cornerstone Association of REALTORS® show a mixed housing market picture for February, with modest monthly rebounds but continued year-over-year declines — including locally in Norfolk and Haldimand.
Across Cornerstone’s market areas, 928 homes were sold in February 2026, marking a 14.7 per cent increase from January but a 12.9 per cent decline compared to the same month last year.
In Norfolk County, the benchmark home price sat at $565,300 in February. That represents a 0.5 per cent decrease from January and a 2.8 per cent decline year-over-year — a smaller annual drop than many neighbouring markets.
Haldimand County’s benchmark price was $629,000, reflecting a 3.5 per cent monthly decrease and a 7.5 per cent decline compared to February 2025.
Cornerstone CEO Bill Duce says affordability challenges and global economic uncertainty continue to weigh on the market. However, buyers are benefiting from longer listing times, slightly softer prices and more favourable interest rates.