Recognizing two issues in the market, one of our top investors found a new way to make things work.
Brockton Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Brockton is number 975 putting it ahead of most neighbourhoods .
Want a cheaply priced house? Then at $359,900 this month, Brockton, Ontario is probably not for you price wise.
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.
From our data, it appears that neighbourhood is number 974th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.
It’s never an exact art, but to try to forecast how property is going to appreciate in Brockton for investors, it’s important to look at data like:
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Brockton, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 23, this month we show 28.
Will prices rise across the next year in in Brockton? There are a number of real estate indicators to consider.
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.
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