Canada’s national median home listing price this month is $285,000, which means that Brockton is in the top 40% for Canada.
While the median for Ontario is $319,900 , which means that Brockton’s median price is $294,900 better than average than the rest of the province.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
Ontario has the most amount of properties available to property investors, with Brockton having 231th most in the province, out of a total of 1111.
It’s never an exact art, but to try to forecast how property is going to appreciate in Brockton for investors, it’s important to look at data like:
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Brockton, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 23, this month we show 31.
As one of Ontario’s many potential real estate investment neighbourhoods, Brockton needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Brockton have stayed pretty much the same which would tend to indicate that demand is steady.