Clear Lake was Canada’s 56th most expensive suburb by listed median house price this month.
While the median for Ontario is $354,900 , which means that Clear Lake’s median price is $922,000 considerably better than the rest of the province.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Nov this neighbourhood’s most common listing the same as the national average.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Clear Lake has not many at all compared to the rest of the province
It’s never an exact art, but to try to forecast how property is going to appreciate in Clear Lake for investors, it’s important to look at data like:
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 Clear Lake have stayed pretty much the same which would tend to indicate that demand is steady.
When we look at the data we have, it can help with trying to establish whether or not Clear Lake is a good investment target.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.