Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Laval-Ouest Home Price
Laval-Ouest, Quebec has a median house price of $269,000 when compiling all the home listings in Aug .
Investors looking for properties in Laval-Ouest are most likely to find 3 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.
There are 1047 neighbourhoods that have more properties on sale than Laval-Ouest at the moment in Quebec which puts the neighbourhood in the top 20% 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 Laval-Ouest for investors, it’s important to look at data like:
In Laval-Ouest, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
Canada’s national median home listing price this month is $244,900, which means that Laval-Ouest is in the top 40% for Canada.
Want a cheaply priced house? Then at $239,900 this month, Laval-Ouest, Quebec is definitely not for you price wise.
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
Across Quebec Laval-Ouest has the 137th most properties on offer with 453.
Can we guarantee how well Laval-Ouest is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”
Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.
© 2021 Canadian Estate Wealth. All Rights Reserved by Merged Media