Across the nation CREW lists data for 4047 neighbourhoods, and this month Riceville is number 3233 putting it behind most of Canada .
In Feb the median listed house price of $139,000 in Riceville was relatively low compared to the rest of Ontario.
There are 1109 neighbourhoods that have more properties on sale than Riceville at the moment in Ontario which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
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.
In Riceville, 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 Riceville will hopefully provide an indicator to help you where to research in-depth
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.