Across the nation CREW lists data for 5162 neighbourhoods, and this month Ayr is number 343 putting it ahead of most neighbourhoods .
With Ayr’s median house price at $547,450 in Aug , it is high priced compared to the rest of Ontario.
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.
Ontario has the most amount of properties available to property investors, with Ayr having 676th most in the province, out of a total of 1145.
Is Ayr a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
In Ayr, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Ayr will hopefully provide an indicator to help you where to research in-depth
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.