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.
Huberdeau Home Price
Canada’s national median home listing price this month is $290,900, which means that Huberdeau is in the bottom 40% for Canada.
When our research team crunched the numbers we calculated that Huberdeau has a median home price of $149,000.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Huberdeau will hopefully provide an indicator to help you where to research in-depth
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
Across the country as a whole, Huberdeau is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for Quebec is $198,000 , which means that Huberdeau’s median price is $124,000 a lot lower than the rest of the province.
In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 1.
From our data, it appears that neighbourhood is number 615th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 40.
When we look at the data we have, it can help with trying to establish whether or not Huberdeau is a good investment target.
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 Huberdeau have increased which would tend to indicate that demand is not as high as supply.
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