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.
Billings Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Billings is number 1471 putting it in the top half of the country .
In Aug the median listed house price of $299,000 in Billings was a below average compared to the rest of Ontario.
If you’re looking at investment properties in Billings, then you’re most likely to find homes with 3 bedrooms on sale this month.
From our data, it appears that neighbourhood is number 2426th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 50.
It’s never an exact art, but to try to forecast how property is going to appreciate in Billings for investors, it’s important to look at data like:
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.
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.
Corresponding census subdivisions are provided for the following place names where data is not available.
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