Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Kemble Home Price
Canada’s national median home listing price this month is $290,900, which means that Kemble is in the top 20% for Canada.
In Aug the median listed house price of $419,000 in Kemble was an above average compared to the rest of Ontario.
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.
Will prices rise across the next year in in Kemble? There are a number of real estate indicators to consider.
If you are looking at investment properties in Kemble, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Kemble will hopefully provide an indicator to help you where to research in-depth
In Kemble, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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