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.
Bayswater Home Price
With a median listing price of $194,900, Bayswater is Canada’s 3000th most expensive when ordered by median listing price.
Bayswater, New Brunswick has a median house price of $194,900 when compiling all the home listings in Aug .
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.
New Brunswick has the seventh most amount of properties available to property investors, with Bayswater having 306th most in the province, out of a total of 421.
It’s never an exact art, but to try to forecast how property is going to appreciate in Bayswater for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Bayswater there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Can we guarantee how well Bayswater 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.
In Bayswater, 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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