According to a report, the city’s apartment vacancy rate increased by 6.6% — the highest level since 2016.
East River Point Home Price
With a median listing price of $995,000, East River Point is Canada’s 64th most expensive when ordered by median listing price.
When our research team crunched the numbers we calculated that East River Point has a median home price of $995,000.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then East River Point has a pretty average amount compared to the rest of the province
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for East River Point will hopefully provide an indicator to help you where to research in-depth
Over the last three months in East River Point, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
Will prices rise across the next year in in East River Point? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in East River Point there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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