Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Public Landing Home Price
When looking across the province, Public Landing is the 185th most expensive in New Brunswick.
Want a cheaply priced house? Then at $148,250 this month, Public Landing, New Brunswick is a possibility for you price wise.
There are 373 neighbourhoods that have more properties on sale than Public Landing at the moment in New Brunswick which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
When we look at the data we have, it can help with trying to establish whether or not Public Landing is a good investment target.
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.
Can we guarantee how well Public Landing 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.
In Public Landing, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
“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