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.
Markstay-Warren Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Markstay-Warren is number 2704 putting it in the bottom half of the country .
With Markstay-Warren’s median house price at $210,000 in Aug , it is below average compared to the rest of Ontario.
This month we track 632th neighbourhoods in Ontario, and Markstay-Warren has the 632th 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.
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.
Can we guarantee how well Markstay-Warren 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.
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