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.
Oshawa Home Price
Canada’s national median home listing price this month is $290,900, which means that Oshawa is in the top 20% for Canada.
With Oshawa’s median house price at $424,900 in Aug , it is above average compared to the rest of Ontario.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
Across Ontario Oshawa has the 22th most properties on offer with 1145.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Oshawa will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Oshawa, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
With a median listing price of $484,900, Oshawa is Canada’s 41th most expensive when ordered by median listing price.
The median house price listed in Oshawa this month is $484,900.
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
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 fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
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