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.
Erskine Home Price
With a median listing price of $280,900, Erskine is Canada’s 1679th most expensive when ordered by median listing price.
Want a cheaply priced house? Then at $280,900 this month, Erskine, Alberta is a possibility for you price wise.
4 bedroom properties are the most common available for real estate investors this month in neighbourhood.
Alberta has the fourth most amount of properties available to property investors, with Erskine having 211th most in the province, out of a total of 339.
Is Erskine a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Erskine will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Erskine, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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