Toronto’s construction noise regulations are back in effect with construction start times limited to certain hours of the day.
Edam Home Price
Canada’s national median home listing price this month is $290,900, which means that Edam is in the top 40% for Canada.
The $279,000 price tag on the median Edam home means that it is above the cost of most houses in the country.
Edam’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Edam has fewer than average compared to the rest of the province
Is Edam a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Edam there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
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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