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.
Dorchester Home Price
Across the country as a whole, Dorchester is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
With Dorchester’s median house price at $77,400 in Aug , it is one of the cheapest neighbourhoods compared to the rest of New Brunswick.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
From our data, it appears that neighbourhood is number 1795th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 40.
New Brunswick 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.
If you are looking at investment properties in Dorchester, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.
Over the last three months in Dorchester, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
Corresponding census subdivisions are provided for the following place names where data is not available.
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