Across the country as a whole, Mill River East is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
The $251,394 price tag on the median Mill River East home means that it is above the cost of most houses in the country.
Will prices rise across the next year in in Mill River East? There are a number of real estate indicators to consider.
In Mill River East, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Mill River East 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.