Canada’s national median home listing price this month is $290,900, which means that Howard is in the top 40% for Canada.
The $284,500 price tag on the median Howard home means that it is above the cost of most houses in the country.
If you’re looking at investment properties in Howard, then you’re most likely to find homes with 3 bedrooms on sale this month.
There are 1145 neighbourhoods that have more properties on sale than Howard at the moment in Ontario which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Howard 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.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Is Howard a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Howard there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.