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.
Manilla Home Price
Across the nation CREW lists data for 4553 neighbourhoods, and this month Manilla is number 807 putting it ahead of most neighbourhoods .
With Manilla’s median house price at $367,400 in Nov , it is above average compared to the rest of Ontario.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Nov this neighbourhood’s most common listing the same as the national average.
According to our stats, Manilla is the neighbourhood that has the 1043th 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.
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.
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 Manilla have stayed pretty much the same which would tend to indicate that demand is steady.
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