Credit plays a crucial role in real estate investment, greatly influencing the borrowing options that investors have at their disposal.
Clarington Home Price
Canada’s national median home listing price this month is $290,900, which means that Clarington is in the top 20% for Canada.
In Aug the median listed house price of $499,999 in Clarington was an impressive compared to the rest of Ontario.
If you’re looking at investment properties in Clarington, then you’re most likely to find homes with 3 bedrooms on sale this month.
When we look at the data we have, it can help with trying to establish whether or not Clarington is a good investment target.
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.
When looking across the province, Clarington is the 23th most expensive in Ontario.
With Clarington’s median house price at $429,900 in Aug , it is high priced compared to the rest of Ontario.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
According to our stats, Clarington is the neighbourhood that has the 89th most properties available to real estate investors in Ontario.
Will prices rise across the next year in in Clarington? There are a number of real estate indicators to consider.
If you are looking at investment properties in Clarington, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”
Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.
© 2023 Canadian Estate Wealth. All Rights Reserved by Merged Media