Across the country as a whole, Sarawak is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
In Aug the median listed house price of $529,450 in Sarawak was an impressive compared to the rest of Ontario.
From our data, it appears that neighbourhood is number 3171th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 40.
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.
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 Sarawak, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 3, this month we show 4.
It’s never an exact art, but to try to forecast how property is going to appreciate in Sarawak for investors, it’s important to look at data like:
Over the last three months in Sarawak, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.