Across the nation CREW lists data for 5207 neighbourhoods, and this month Newcastle is number 201 putting it ahead of most neighbourhoods .
Newcastle, Ontario has a median house price of $669,900 when compiling all the home listings in May .
This month we track 911th neighbourhoods in Ontario, and Newcastle has the 911th most choice available for real estate investors.
Can we guarantee how well Newcastle 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.
If you are looking at investment properties in Newcastle, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.
When we look at the data we have, it can help with trying to establish whether or not Newcastle is a good investment target.
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.