Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Hillsburgh Home Price
Hillsburgh was Canada’s 321th most expensive suburb by listed median house price this month.
The $564,450 price tag on the median Hillsburgh home means that it is quite highly priced by Canadian standards.
There are 1159 neighbourhoods that have more properties on sale than Hillsburgh at the moment in Ontario which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
It’s never an exact art, but to try to forecast how property is going to appreciate in Hillsburgh for investors, it’s important to look at data like:
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
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