Once more, open houses are accepted. The new government policy offers a number of choices for real estate agents organising open houses.
Newport Station Home Price
Newport Station was Canada’s 2499th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $222,450 in Newport Station was an above average compared to the rest of Nova Scotia.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Newport Station has a pretty average amount compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not Newport Station is a good investment target.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Newport Station, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 3, this month we show 4.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
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