Experts have indicated Canada will need to build millions more homes in the next 10 years to meet our growing needs. To the casual observer the problem is easy to solve: just build more homes. For those in the real estate development field, the problem is much more complicated than this.
Ahmic Harbour Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Ahmic Harbour is number 4112 putting it behind most of Canada .
While the median for Ontario is $349,900 , which means that Ahmic Harbour’s median price is $139,900 a lot lower than the rest of the province.
From our data, it appears that neighbourhood is number 4285th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
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.
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 Ahmic Harbour, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 3, this month we show 2.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
When we look at the data we have, it can help with trying to establish whether or not Ahmic Harbour is a good investment target.
Over the last three months in Ahmic Harbour, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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