According to a new analysis, the housing market in Canada had the biggest drop in affordability in 41 years in the second quarter of 2022.
Hymers Home Price
Across the nation CREW lists data for 5207 neighbourhoods, and this month Hymers is number 3085 putting it in the bottom half of the country .
In May the median listed house price of $195,700 in Hymers was relatively low compared to the rest of Ontario.
This month we track 1038th neighbourhoods in Ontario, and Hymers has the 1038th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Hymers is a good investment target.
If you are looking at investment properties in Hymers, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.
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.
Is Hymers a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
In Hymers, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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