Across the country as a whole, Riversdale is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for Ontario is $349,900 , which means that Riversdale’s median price is $198,450 below average than the rest of the province.
Ontario has the second most amount of properties available to property investors, with Riversdale having 961th most in the province, out of a total of 1123.
Will prices rise across the next year in in Riversdale? There are a number of real estate indicators to consider.
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.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Riversdale will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Riversdale there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.