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.
Perth East Home Price
Perth East was Canada’s 198th most expensive suburb by listed median house price this month.
The median house price listed in Perth East this month is $669,200.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Is Perth East a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Perth East, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
Can we guarantee how well Perth East 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.
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 Perth East have stayed pretty much the same which would tend to indicate that demand is steady.
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