Across the nation CREW lists data for 5043 neighbourhoods, and this month Lorrain is number 728 putting it ahead of most neighbourhoods .
Lorrain, Ontario has a median house price of $409,450 when compiling all the home listings in Jun .
This month we track 995th neighbourhoods in Ontario, and Lorrain has the 995th most choice available for real estate investors.
Is Lorrain a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Lorrain, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
Can we guarantee how well Lorrain is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Lorrain have stayed pretty much the same which would tend to indicate that demand is steady.