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.
Campbellvale Home Price
Canada’s national median home listing price this month is $290,900, which means that Campbellvale is in the top 40% for Canada.
When our research team crunched the numbers we calculated that Campbellvale has a median home price of $346,950.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
This month we track 990th neighbourhoods in Ontario, and Campbellvale has the 990th most choice available for real estate investors.
Is Campbellvale a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Campbellvale have stayed pretty much the same which would tend to indicate that demand is steady.
Will prices rise across the next year in in Campbellvale? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Campbellvale there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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