Canada’s national median home listing price this month is $290,900, which means that Orangedale is in the bottom 40% for Canada.
The $169,450 price tag on the median Orangedale home means that it is below the national norm.
When we look at the data we have, it can help with trying to establish whether or not Orangedale is a good investment target.
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 Orangedale have increased which would tend to indicate that demand is not as high as supply.
It’s never an exact art, but to try to forecast how property is going to appreciate in Orangedale for investors, it’s important to look at data like:
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.