Across the nation CREW lists data for 5162 neighbourhoods, and this month Val Gagné is number 3119 putting it in the bottom half of the country .
In Aug the median listed house price of $189,000 in Val Gagné was relatively low compared to the rest of Ontario.
From our data, it appears that neighbourhood is number 2904th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 40.
As one of Ontario’s many potential real estate investment neighbourhoods, Val Gagné 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.
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 Val Gagné, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 3, this month we show 5.
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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Val Gagné there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.