With a median listing price of $414,499, Newton is Canada’s 725th most expensive when ordered by median listing price.
While the median for Ontario is $379,900 , which means that Newton’s median price is $414,499 considerably better than the rest of the province.
From our data, it appears that neighbourhood is number 4291th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
Will prices rise across the next year in in Newton? There are a number of real estate indicators to consider.
Over the last three months in Newton, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in May 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 Newton for investors, it’s important to look at data like:
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 Newton have stayed pretty much the same which would tend to indicate that demand is steady.