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.
Pine Grove Home Price
When looking across the province, Pine Grove is the 155th most expensive in Nova Scotia.
The $311,750 price tag on the median Pine Grove home means that it is above the cost of most houses in the country.
Across Nova Scotia Pine Grove has the 323th most properties on offer with 825.
Is Pine Grove a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Pine Grove there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Nova Scotia 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 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.
Corresponding census subdivisions are provided for the following place names where data is not available.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”
Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.
© 2021 Canadian Estate Wealth. All Rights Reserved by Merged Media