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.
Oakwood Home Price
When looking across the province, Oakwood is the 417th most expensive in Ontario.
When our research team crunched the numbers we calculated that Oakwood has a median home price of $349,900.
If you’re looking at investment properties in Oakwood, then you’re most likely to find homes with 4 bedrooms on sale this month.
This month we track 728th neighbourhoods in Ontario, and Oakwood has the 728th most choice available for real estate investors.
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.
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.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Oakwood will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Oakwood there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Corresponding census subdivisions are provided for the following place names where data is not available.
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