Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Blues Mills Home Price
When looking across the province, Blues Mills is the 738th most expensive in Nova Scotia.
The $107,000 price tag on the median Blues Mills home means that it is very cheap in comparison to the rest of the nation.
Nova Scotia has the fifth most amount of properties available to property investors, with Blues Mills having 417th most in the province, out of a total of 825.
Will prices rise across the next year in in Blues Mills? There are a number of real estate indicators to consider.
In Blues Mills, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Blues Mills will hopefully provide an indicator to help you where to research in-depth
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.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”