Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Dipper Harbour East Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Dipper Harbour East is number 4328 putting it behind most of Canada .
While the median for New Brunswick is $169,900 , which means that Dipper Harbour East’s median price is $128,500 a lot lower than the rest of the province.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
This month we track 224th neighbourhoods in New Brunswick, and Dipper Harbour East has the 224th most choice available for real estate investors.
Can we guarantee how well Dipper Harbour East 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 Dipper Harbour East there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
It’s never an exact art, but to try to forecast how property is going to appreciate in Dipper Harbour East for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Dipper Harbour East 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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