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 Wedgeport Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Lower Wedgeport is number 4476 putting it behind most of Canada .
The median house price listed in Lower Wedgeport this month is $118,450.
Across Nova Scotia Lower Wedgeport has the 323th most properties on offer with 825.
Is Lower Wedgeport a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Lower Wedgeport, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
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.
Can we guarantee how well Lower Wedgeport 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.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
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