Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Boulter Home Price
Across the country as a whole, Boulter is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
The $154,900 price tag on the median Boulter home means that it is below the national norm.
There are 1145 neighbourhoods that have more properties on sale than Boulter at the moment in Ontario which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Boulter will hopefully provide an indicator to help you where to research in-depth
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
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.
Can we guarantee how well Boulter 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 Boulter there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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