The five- and 10-year averages for price growth in newer downtown Toronto condos is 15% and 8%, respectively. GTA-wide, the 10-year average is also 8%.
Blue Mountain Home Price
When looking across the province, Blue Mountain is the 53th most expensive in Ontario.
Blue Mountain, Ontario has a median house price of $819,450 when compiling all the home listings in Aug .
From our data, it appears that neighbourhood is number 595th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Blue Mountain will hopefully provide an indicator to help you where to research in-depth
In Blue Mountain, 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.
Across the country as a whole, Blue Mountain is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
With Blue Mountain’s median house price at $249,400 in Aug , it is about average compared to the rest of Ontario.
Ontario has the second most amount of properties available to property investors, with Blue Mountain having 31th most in the province, out of a total of 196.
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.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
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