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.
Lower Main River Home Price
Across the nation CREW lists data for 4742 neighbourhoods, and this month Lower Main River is number 872 putting it ahead of most neighbourhoods .
Want a cheaply priced house? Then at $349,900 this month, Lower Main River, New Brunswick is definitely not for you price wise.
Lower Main River’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
According to our stats, Lower Main River is the neighbourhood that has the 271th most properties available to real estate investors in New Brunswick.
It’s never an exact art, but to try to forecast how property is going to appreciate in Lower Main River for investors, it’s important to look at data like:
If you are looking at investment properties in Lower Main River, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Lower Main River will hopefully provide an indicator to help you where to research in-depth
In Lower Main River, 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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