Across the nation CREW lists data for 4862 neighbourhoods, and this month Delmer is number 1013 putting it ahead of most neighbourhoods .
In Aug the median listed house price of $344,900 in Delmer was an above average compared to the rest of Ontario.
Across Ontario Delmer has the 1144th most properties on offer with 1308.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Delmer will hopefully provide an indicator to help you where to research in-depth
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.
Is Delmer a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Delmer there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.