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.
Dominion City Home Price
Dominion City was Canada’s 5113th most expensive suburb by listed median house price this month.
The median house price listed in Dominion City this month is $56,400.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
Across Manitoba Dominion City has the 207th most properties on offer with 250.
It’s never an exact art, but to try to forecast how property is going to appreciate in Dominion City for investors, it’s important to look at data like:
If you are looking at investment properties in Dominion City, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
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.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Dominion City will hopefully provide an indicator to help you where to research in-depth
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