Toronto’s construction noise regulations are back in effect with construction start times limited to certain hours of the day.
Bathurst Home Price
In Aug the median listed house price of $99,900 in Bathurst was relatively low compared to the rest of New Brunswick.
Bathurst’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
According to our stats, Bathurst is the neighbourhood that has the 9th most properties available to real estate investors in New Brunswick.
Can we guarantee how well Bathurst 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 Bathurst there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
The $99,900 price tag on the median Bathurst home means that it is very cheap in comparison to the rest of the nation.
This month we track 5th neighbourhoods in New Brunswick, and Bathurst has the 5th most choice available for real estate investors.
Is Bathurst a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Bathurst, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
Corresponding census subdivisions are provided for the following place names where data is not available.
“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