Across the country as a whole, Walsingham is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
With Walsingham’s median house price at $189,900 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Ontario.
Walsingham’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
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.
It’s never an exact art, but to try to forecast how property is going to appreciate in Walsingham for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Walsingham there is more stock than three months ago. This would indicate pressure on prices easing.
Can we guarantee how well Walsingham 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.
Over the last three months in Walsingham, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.