Canada’s national median home listing price this month is $290,900, which means that Curve Lake is in the bottom 40% for Canada.
With Curve Lake’s median house price at $159,900 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Ontario.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
When we look at the data we have, it can help with trying to establish whether or not Curve Lake is a good investment target.
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 Curve Lake, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 8, this month we show 5.
Will prices rise across the next year in in Curve Lake? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Curve Lake there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.