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.
Lakeside Home Price
Canada’s national median home listing price this month is $314,900, which means that Lakeside is in the top 20% for Canada.
In Oct the median listed house price of $688,950 in Lakeside was an impressive compared to the rest of Ontario.
This month we track 1079th neighbourhoods in Ontario, and Lakeside has the 1079th most choice available for real estate investors.
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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Lakeside there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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