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.
Scugog Home Price
When looking across the province, Scugog is the 125th most expensive in Ontario.
When our research team crunched the numbers we calculated that Scugog has a median home price of $599,900.
Across Ontario Scugog has the 166th most properties on offer with 1145.
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.
In Scugog, 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 Scugog is a good investment target.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
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