Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Eglington Home Price
Canada’s national median home listing price this month is $309,000, which means that Eglington is in the bottom 40% for Canada.
The median house price listed in Eglington this month is $148,950.
Prince Edward Island has the fifth least amount of properties available to property investors, with Eglington having 107th most in the province, out of a total of 162.
When we look at the data we have, it can help with trying to establish whether or not Eglington is a good investment target.
It’s never an exact art, but to try to forecast how property is going to appreciate in Eglington for investors, it’s important to look at data like:
In Eglington, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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