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.
Brant Home Price
The median house price listed in Brant this month is $662,450.
There are 1145 neighbourhoods that have more properties on sale than Brant at the moment in Ontario which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
Is Brant a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
Brant was Canada’s 30th most expensive suburb by listed median house price this month.
Brant, Ontario has a median house price of $518,000 when compiling all the home listings in Aug .
There are 196 neighbourhoods that have more properties on sale than Brant at the moment in Ontario which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
When we look at the data we have, it can help with trying to establish whether or not Brant is a good investment target.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Brant have increased which would tend to indicate that demand is not as high as supply.
Corresponding census subdivisions are provided for the following place names where data is not available.
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