Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Campbellton Home Price
Canada’s national median home listing price this month is $299,888, which means that Campbellton is in the bottom 40% for Canada.
With Campbellton’s median house price at $181,950 in Dec , it is about average compared to the rest of Newfoundland and Labrador.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
Newfoundland and Labrador has the third least amount of properties available to property investors, with Campbellton having 115th most in the province, out of a total of 162.
Newfoundland and Labrador 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.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Campbellton, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Campbellton will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Campbellton, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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