Across the country as a whole, Roseville is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
With Roseville’s median house price at $404,700 in Oct , it is above average compared to the rest of Ontario.
Ontario has the most amount of properties available to property investors, with Roseville having 1079th most in the province, out of a total of 1248.
When we look at the data we have, it can help with trying to establish whether or not Roseville is a good investment target.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Roseville, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 3, this month we show 2.
As one of Ontario’s many potential real estate investment neighbourhoods, Roseville needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.