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.
Barrie Home Price
With a median listing price of $429,900, Barrie is Canada’s 618th most expensive when ordered by median listing price.
When our research team crunched the numbers we calculated that Barrie has a median home price of $429,900.
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 39th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.
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 Barrie there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Canada’s national median home listing price this month is $244,900, which means that Barrie is in the top 20% for Canada.
The median house price listed in Barrie this month is $349,900.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
It’s never an exact art, but to try to forecast how property is going to appreciate in Barrie for investors, it’s important to look at data like:
In Barrie, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
Corresponding census subdivisions are provided for the following place names where data is not available.
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