Across the country as a whole, Cramahe is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
Want a cheaply priced house? Then at $478,500 this month, Cramahe, Ontario is definitely 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.
This month we track 212th neighbourhoods in Ontario, and Cramahe has the 212th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Cramahe is a good investment target.
In Cramahe, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
As one of Ontario’s many potential real estate investment neighbourhoods, Cramahe needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
Over the last three months in Cramahe, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.