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.
Ebenezer Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Ebenezer is number 2528 putting it in the top half of the country .
The $219,900 price tag on the median Ebenezer home means that it is about average price.
If you’re looking at investment properties in Ebenezer, then you’re most likely to find homes with 4 bedrooms on sale this month.
There are 218 neighbourhoods that have more properties on sale than Ebenezer at the moment in Prince Edward Island which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
As one of Prince Edward Island’s many potential real estate investment neighbourhoods, Ebenezer needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
If you are looking at investment properties in Ebenezer, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.
Will prices rise across the next year in in Ebenezer? There are a number of real estate indicators to consider.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Ebenezer have stayed pretty much the same which would tend to indicate that demand is steady.
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