Glenroy was Canada’s 2525th most expensive suburb by listed median house price this month.
Glenroy, Ontario has a median house price of $202,500 when compiling all the home listings in Feb .
It’s never an exact art, but to try to forecast how property is going to appreciate in Glenroy 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 Glenroy there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
When we look at the data we have, it can help with trying to establish whether or not Glenroy is a good investment target.
In Glenroy, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.