When looking across the province, Grey is the 164th most expensive in Ontario.
With Grey’s median house price at $529,900 in Aug , it is high priced compared to the rest of Ontario.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Grey has fewer than average compared to the rest of the province
Is Grey a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Grey have stayed pretty much the same which would tend to indicate that demand is steady.
Can we guarantee how well Grey is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
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.