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.
North Frontenac Home Price
The median asking price in North Frontenac is $199,900, pretty close to the median three months ago which was $289,450 .
When our research team crunched the numbers we calculated that North Frontenac has a median home price of $199,900.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
This month we track 361th neighbourhoods in Ontario, and North Frontenac has the 361th most choice available for real estate investors.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for North Frontenac will hopefully provide an indicator to help you where to research in-depth
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 North Frontenac, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 18, this month we show 19.
When we look at the data we have, it can help with trying to establish whether or not North Frontenac 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.
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