Millennials are benefiting from a confluence of factors, like low rates and minimal competition in the starter home segment, that have made homeownership less prohibitive.
Abercorn Home Price
When looking across the province, Abercorn is the 5th most expensive in Quebec.
The $647,000 price tag on the median Abercorn home means that it is quite highly priced by Canadian standards.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
Quebec has the second most amount of properties available to property investors, with Abercorn having 703th most in the province, out of a total of 1047.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Abercorn will hopefully provide an indicator to help you where to research in-depth
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 Abercorn have increased which would tend to indicate that demand is not as high as supply.
When we look at the data we have, it can help with trying to establish whether or not Abercorn is a good investment target.
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