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.
Union Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Union is number 1708 putting it in the top half of the country .
Want a cheaply priced house? Then at $279,500 this month, Union, Ontario is a possibility for you price wise.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
It’s never an exact art, but to try to forecast how property is going to appreciate in Union for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Union there is more stock than three months ago. This would indicate pressure on prices easing.
When we look at the data we have, it can help with trying to establish whether or not Union 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.
Corresponding census subdivisions are provided for the following place names where data is not available.
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