Raleigh, Ontario has a median house price of $609,900 when compiling all the home listings in Aug .
As one of Ontario’s many potential real estate investment neighbourhoods, Raleigh 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.
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.
Can we guarantee how well Raleigh is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
In Raleigh, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.