Canada’s national median home listing price this month is $309,000, which means that Hawkestone is in the top 20% for Canada.
While the median for Ontario is $339,900 , which means that Hawkestone’s median price is $369,000 considerably better than the rest of the province.
Ontario has the most amount of properties available to property investors, with Hawkestone having 1004th most in the province, out of a total of 1273.
As one of Ontario’s many potential real estate investment neighbourhoods, Hawkestone needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
Over the last three months in Hawkestone, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Hawkestone will hopefully provide an indicator to help you where to research in-depth
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.