Across the nation CREW lists data for 5162 neighbourhoods, and this month Morris-Turnberry is number 256 putting it ahead of most neighbourhoods .
The $604,450 price tag on the median Morris-Turnberry home means that it is quite highly priced by Canadian standards.
This month we track 990th neighbourhoods in Ontario, and Morris-Turnberry has the 990th most choice available for real estate investors.
As one of Ontario’s many potential real estate investment neighbourhoods, Morris-Turnberry 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.
In Morris-Turnberry, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Morris-Turnberry will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Morris-Turnberry there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.