Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Lakeville Home Price
Across the country as a whole, Lakeville is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
With Lakeville’s median house price at $91,400 in Aug , it is below average compared to the rest of New Brunswick.
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.
Across New Brunswick Lakeville has the 178th most properties on offer with 421.
Is Lakeville 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 Lakeville have dried up which would tend to indicate that demand is higher than the supply of new properties.
New Brunswick has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
Over the last three months in Lakeville, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
Corresponding census subdivisions are provided for the following place names where data is not available.
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