Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Glassville Home Price
When looking across the province, Glassville is the 275th most expensive in New Brunswick.
With Glassville’s median house price at $119,900 in Aug , it is below average compared to the rest of New Brunswick.
Across New Brunswick Glassville has the 224th most properties on offer with 421.
Is Glassville a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Glassville have stayed pretty much the same which would tend to indicate that demand is steady.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Glassville will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Glassville there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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