Across the nation CREW lists data for 4774 neighbourhoods, and this month MacKay is number 2589 putting it in the bottom half of the country .
While the median for Alberta is $399,000 , which means that MacKay’s median price is $206,500 below average than the rest of the province.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for MacKay will hopefully provide an indicator to help you where to research in-depth
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.