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.
Oxbow Home Price
When looking across the province, Oxbow is the 222th most expensive in New Brunswick.
Oxbow, New Brunswick has a median house price of $142,400 when compiling all the home listings in Aug .
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
According to our stats, Oxbow is the neighbourhood that has the 306th most properties available to real estate investors in New Brunswick.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Oxbow will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Oxbow there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
It’s never an exact art, but to try to forecast how property is going to appreciate in Oxbow for investors, it’s important to look at data like:
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Oxbow have stayed pretty much the same which would tend to indicate that demand is steady.
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