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.
McNab/Braeside Home Price
McNab/Braeside was Canada’s 1226th most expensive suburb by listed median house price this month.
The median house price listed in McNab/Braeside this month is $332,900.
Ontario has the second most amount of properties available to property investors, with McNab/Braeside having 863th most in the province, out of a total of 1159.
As one of Ontario’s many potential real estate investment neighbourhoods, McNab/Braeside needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
Over the last three months in McNab/Braeside, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
Can we guarantee how well McNab/Braeside 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.
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.
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