High Rental Yield Market – London ON
LONDON ON ‘ average home price reached 328,759 in Sep 2017 after experiencing 18% annual increase, Still, its price just as 42% of Toronto and 32% of Vancouver. The gross rental yield in London area keeps 6%-8%.
While Toronto is experiencing roller-coaster London ON shows rather cool-headed! How small those movements are: September compared with August Sales decreased 90 units to 802 units, the Average price went down 1000 to 328,759/unit, Inventory increase 51 units to 1776 units.
Sales 9,279 Units ∼ Inventory 1,776 Units ∼ Price 328,759 CAD / Units
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Know market is like having a SIP of tea