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.
Bella Coola Home Price
Bella Coola was Canada’s 2797th most expensive suburb by listed median house price this month.
With Bella Coola’s median house price at $205,000 in Aug , it is one of the cheapest neighbourhoods compared to the rest of British Columbia.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
Across British Columbia Bella Coola has the 217th most properties on offer with 359.
When we look at the data we have, it can help with trying to establish whether or not Bella Coola is a good investment target.
Over the last three months in Bella Coola, housing stock available seems to be falling – this could mean that homes values might increase faster.
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.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
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