Carnarvon was Canada’s 1856th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Carnarvon has a median home price of $268,000.
If you’re looking at investment properties in Carnarvon, then you’re most likely to find homes with 3 bedrooms on sale this month.
Ontario has the most amount of properties available to property investors, with Carnarvon having 676th most in the province, out of a total of 1145.
As one of Ontario’s many potential real estate investment neighbourhoods, Carnarvon 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Carnarvon there is more stock than three months ago. This would indicate pressure on prices easing.
Ontario has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
In Carnarvon, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.