Across the nation CREW lists data for 5162 neighbourhoods, and this month Ennismore is number 737 putting it ahead of most neighbourhoods .
In Aug the median listed house price of $399,900 in Ennismore was an above average compared to the rest of Ontario.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Ennismore has more than the average number to choose from 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 Ennismore for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Ennismore there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Will prices rise across the next year in in Ennismore? There are a number of real estate indicators to consider.
If you are looking at investment properties in Ennismore, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.