Canada’s national median home listing price this month is $290,900, which means that Parham is in the bottom 40% for Canada.
While the median for Ontario is $349,900 , which means that Parham’s median price is $154,450 below average than the rest of the province.
Ontario has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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.
It’s never an exact art, but to try to forecast how property is going to appreciate in Parham for investors, it’s important to look at data like:
If you are looking at investment properties in Parham, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.