Across the nation CREW lists data for 5162 neighbourhoods, and this month Swastika is number 1934 putting it in the top half of the country .
While the median for Ontario is $349,900 , which means that Swastika’s median price is $261,450 better than average than the rest of the province.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
According to our stats, Swastika is the neighbourhood that has the 784th most properties available to real estate investors in Ontario.
Can we guarantee how well Swastika 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.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Swastika, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 6, this month we show 4.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
It’s never an exact art, but to try to forecast how property is going to appreciate in Swastika 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.