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.
Fairview Home Price
It’s never an exact art, but to try to forecast how property is going to appreciate in Fairview for investors, it’s important to look at data like:
If you are looking at investment properties in Fairview, 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.
Across the country as a whole, Fairview is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
In Aug the median listed house price of $197,500 in Fairview was relatively low compared to the rest of Alberta.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
Alberta has the fourth most amount of properties available to property investors, with Fairview having 50th most in the province, out of a total of 99.
Will prices rise across the next year in in Fairview? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Fairview there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Corresponding census subdivisions are provided for the following place names where data is not available.
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