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.
Princeton Home Price
When looking across the province, Princeton is the 638th most expensive in Ontario.
In Aug the median listed house price of $285,000 in Princeton was a below average compared to the rest of Ontario.
Across Ontario Princeton has the 728th 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 Princeton will hopefully provide an indicator to help you where to research in-depth
In Princeton, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
When we look at the data we have, it can help with trying to establish whether or not Princeton is a good investment target.
If you are looking at investment properties in Princeton, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.
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