The MoneyShow (Friday, September 16th - 17th) covers topics that are either hot-button issues or those with additional complexity by taking a laser-focused approach
Val Caron Home Price
Val Caron, Ontario has a median house price of $269,900 when compiling all the home listings in Aug .
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
According to our stats, Val Caron is the neighbourhood that has the 155th most properties available to real estate investors in Ontario.
Can we guarantee how well Val Caron is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
Across the country as a whole, Val Caron is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
With Val Caron’s median house price at $149,900 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Ontario.
Val Caron’s most common listing this month is 2 bedroom properties, less than province’s most common offering of 2 bedrooms.
From our data, it appears that neighbourhood is number 360th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 40.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Val Caron have increased which would tend to indicate that demand is not as high as supply.
“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