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.
Kilbride Home Price
Across the nation CREW lists data for 5260 neighbourhoods, and this month Kilbride is number 16 putting it ahead of most neighbourhoods .
With Kilbride’s median house price at $1,559,900 in May , 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 Kilbride has not many at all compared to the rest of the province
Will prices rise across the next year in in Kilbride? There are a number of real estate indicators to consider.
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.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in May this neighbourhood’s most common listing the same as the national average.
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