According to a new analysis, the housing market in Canada had the biggest drop in affordability in 41 years in the second quarter of 2022.
Cowley Home Price
The median asking price in Cowley is $229,000, pretty close to the median three months ago which was $150,000 .
The median house price listed in Cowley this month is $229,000.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Cowley has fewer than average compared to the rest of the province
Can we guarantee how well Cowley 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.
In Cowley, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
When we look at the data we have, it can help with trying to establish whether or not Cowley is a good investment target.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
“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