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.
Gogama Home Price
With a median listing price of $144,900, Gogama is Canada’s 4035th most expensive when ordered by median listing price.
While the median for Ontario is $349,900 , which means that Gogama’s median price is $144,900 a lot lower than the rest of the province.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Gogama has a pretty average amount compared to the rest of the province
Will prices rise across the next year in in Gogama? There are a number of real estate indicators to consider.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
When we look at the data we have, it can help with trying to establish whether or not Gogama is a good investment target.
In Gogama, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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