Across the nation CREW lists data for 4742 neighbourhoods, and this month Gowganda is number 3650 putting it behind most of Canada .
Gowganda, Ontario has a median house price of $142,450 when compiling all the home listings in Dec .
From our data, it appears that neighbourhood is number 3937th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Gowganda will hopefully provide an indicator to help you where to research in-depth
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Gowganda there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.