The Greater Toronto Area (GTA) has long since been an attractive spot for real estate, with many houses for sale under $600 000.
Poplar Point Home Price
The median asking price in Poplar Point is $65,000, quite a drop from the median three months ago which was $65,000 .
The $65,000 price tag on the median Poplar Point home means that it is very cheap in comparison to the rest of the nation.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
The number of homes for sale this month in the neighbourhood has increased substantially at 217 in Oct .
Can we guarantee how well Poplar Point 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Poplar Point there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Is Poplar Point a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
“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