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.
Naughton Home Price
With a median listing price of $319,250, Naughton is Canada’s 1289th most expensive when ordered by median listing price.
When our research team crunched the numbers we calculated that Naughton has a median home price of $319,250.
This month we track 784th neighbourhoods in Ontario, and Naughton has the 784th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Naughton is a good investment target.
Over the last three months in Naughton, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
In Naughton, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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