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.
Durham Home Price
When looking across the province, Durham is the 1027th most expensive in Ontario.
When our research team crunched the numbers we calculated that Durham has a median home price of $164,250.
According to our stats, Durham is the neighbourhood that has the 348th most properties available to real estate investors in Ontario.
Ontario has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
Over the last three months in Durham, housing stock available seems to be falling – this could mean that homes values might increase faster.
Canada’s national median home listing price this month is $244,900, which means that Durham is in the top 40% for Canada.
The $239,000 price tag on the median Durham home means that it is above the cost of most houses in the country.
According to our stats, Durham is the neighbourhood that has the 118th most properties available to real estate investors in Ontario.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
Corresponding census subdivisions are provided for the following place names where data is not available.
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