Across the nation CREW lists data for 5162 neighbourhoods, and this month Val Therese is number 1406 putting it in the top half of the country .
Want a cheaply priced house? Then at $302,400 this month, Val Therese, Ontario is a possibility for you price wise.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
From our data, it appears that neighbourhood is number 1795th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 40.
Will prices rise across the next year in in Val Therese? There are a number of real estate indicators to consider.
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 Therese, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 11, this month we show 12.
When we look at the data we have, it can help with trying to establish whether or not Val Therese 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 Val Therese there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.