The Nation was Canada’s 1471th most expensive suburb by listed median house price this month.
The $299,000 price tag on the median The Nation home means that it is above the cost of most houses in the country.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
This month we track 392th neighbourhoods in Ontario, and The Nation has the 392th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not The Nation is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in The Nation there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
When looking across the province, The Nation is the 158th most expensive in Ontario.
Want a cheaply priced house? Then at $182,950 this month, The Nation, Ontario do not consider price wise.
The Nation’s most common listing this month is 2 bedroom properties, less than province’s most common offering of 2 bedrooms.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then The Nation has not many at all compared to the rest of the province
Will prices rise across the next year in in The Nation? There are a number of real estate indicators to consider.
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.