Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Matane Home Price
In Aug the median listed house price of $159,500 in Matane was a below average compared to the rest of Quebec.
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.
Quebec has the second most amount of properties available to property investors, with Matane having 41th most in the province, out of a total of 1047.
Can we guarantee how well Matane 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.
If you are looking at investment properties in Matane, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
Across the country as a whole, Matane is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
Matane, Quebec has a median house price of $160,000 when compiling all the home listings in Aug .
Matane’s most common listing this month is 2 bedroom properties, less than province’s most common offering of 2 bedrooms.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Matane has more than the average number to choose from compared to the rest of the province
Quebec 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.
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
Corresponding census subdivisions are provided for the following place names where data is not available.
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