Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Head of St. Margarets Bay Home Price
Head of St. Margarets Bay was Canada’s 1014th most expensive suburb by listed median house price this month.
With Head of St. Margarets Bay’s median house price at $354,800 in Aug , it is high priced compared to the rest of Nova Scotia.
Nova Scotia has the fifth most amount of properties available to property investors, with Head of St. Margarets Bay having 113th most in the province, out of a total of 825.
When we look at the data we have, it can help with trying to establish whether or not Head of St. Margarets Bay is a good investment target.
Over the last three months in Head of St. Margarets Bay, housing stock available seems to be falling – this could mean that homes values might increase faster.
It’s never an exact art, but to try to forecast how property is going to appreciate in Head of St. Margarets Bay for investors, it’s important to look at data like:
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 Head of St. Margarets Bay have stayed pretty much the same which would tend to indicate that demand is steady.
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