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.
Mississauga Home Price
Mississauga was Canada’s 240th most expensive suburb by listed median house price this month.
With Mississauga’s median house price at $620,000 in Aug , it is high priced compared to the rest of Ontario.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
According to our stats, Mississauga is the neighbourhood that has the 9th 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.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Mississauga, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 1509, this month we show 501.
When looking across the province, Mississauga is the 56th most expensive in Ontario.
The median house price listed in Mississauga this month is $319,000.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Mississauga has a huge choice compared to the rest of the province
It’s never an exact art, but to try to forecast how property is going to appreciate in Mississauga for investors, it’s important to look at data like:
In Mississauga, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
Corresponding census subdivisions are provided for the following place names where data is not available.
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