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.
Proton Home Price
With Proton’s median house price at $466,000 in Nov , it is high priced 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 the average number of bedrooms than the most commonly available across the nation.
Ontario has the second most amount of properties available to property investors, with Proton having 1043th most in the province, out of a total of 1197.
Will prices rise across the next year in in Proton? There are a number of real estate indicators to consider.
In Proton, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
Over the last three months in Proton, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”
Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.
© 2021 Canadian Estate Wealth. All Rights Reserved by Merged Media