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.
Dundas Home Price
Across the country as a whole, Dundas is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
The $629,000 price tag on the median Dundas home means that it is quite highly priced by Canadian standards.
According to our stats, Dundas is the neighbourhood that has the 182th most properties available to real estate investors in Ontario.
Is Dundas a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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.
The $799,000 price tag on the median Dundas home means that it is quite highly priced by Canadian standards.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
This month we track 103th neighbourhoods in Ontario, and Dundas has the 103th most choice available for real estate investors.
Over the last three months in Dundas, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
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