Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Cambridge Home Price
With a median listing price of $189,900, Cambridge is Canada’s 3058th most expensive when ordered by median listing price.
With Cambridge’s median house price at $189,900 in Aug , it is about average compared to the rest of Nova Scotia.
There are 825 neighbourhoods that have more properties on sale than Cambridge at the moment in Nova Scotia which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
Will prices rise across the next year in in Cambridge? There are a number of real estate indicators to consider.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Cambridge have dried up which would tend to indicate that demand is higher than the supply of new properties.
Can we guarantee how well Cambridge 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.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Cambridge have stayed pretty much the same which would tend to indicate that demand is steady.
Corresponding census subdivisions are provided for the following place names where data is not available.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”
Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.
© 2021 Canadian Estate Wealth. All Rights Reserved by Merged Media