Want a cheaply priced house? Then at $129,450 this month, Latchford, Ontario do not consider price wise.
If you’re looking at investment properties in Latchford, then you’re most likely to find homes with 3 bedrooms on sale this month.
This month we track 538th neighbourhoods in Ontario, and Latchford has the 538th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Latchford is a good investment target.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Latchford, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 6, this month we show 10.
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.
It’s never an exact art, but to try to forecast how property is going to appreciate in Latchford for investors, it’s important to look at data like:
Over the last three months in Latchford, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.