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.
Omemee Home Price
Across the country as a whole, Omemee is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
In Aug the median listed house price of $399,900 in Omemee was an above average compared to the rest of Ontario.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
Across Ontario Omemee has the 446th most properties on offer with 1145.
Will prices rise across the next year in in Omemee? There are a number of real estate indicators to consider.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Omemee have dried up which would tend to indicate that demand is higher than the supply of new properties.
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.
In Omemee, 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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