The Greater Toronto Area (GTA) has long since been an attractive spot for real estate, with many houses for sale under $600 000.
Haliburton Home Price
Across the country as a whole, Haliburton is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for Prince Edward Island is $169,999 , which means that Haliburton’s median price is $74,500 a lot lower than the rest of the province.
Haliburton’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
When we look at the data we have, it can help with trying to establish whether or not Haliburton is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Haliburton there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
It’s never an exact art, but to try to forecast how property is going to appreciate in Haliburton for investors, it’s important to look at data like:
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 Haliburton have stayed pretty much the same which would tend to indicate that demand is steady.
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