According to a report, the city’s apartment vacancy rate increased by 6.6% — the highest level since 2016.
Bocabec Home Price
In Aug the median listed house price of $425,000 in Bocabec was an impressive compared to the rest of New Brunswick.
If you’re looking at investment properties in Bocabec, then you’re most likely to find homes with 2 bedrooms on sale this month.
New Brunswick has the seventh most amount of properties available to property investors, with Bocabec having 90th most in the province, out of a total of 421.
Can we guarantee how well Bocabec 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 Bocabec there is more stock than three months ago. This would indicate pressure on prices easing.
New Brunswick has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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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