Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Pugwash Home Price
Pugwash was Canada’s 3442th most expensive suburb by listed median house price this month.
Pugwash, Nova Scotia has a median house price of $173,950 when compiling all the home listings in Aug .
From our data, it appears that neighbourhood is number 1101th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.
Can we guarantee how well Pugwash 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.
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 Pugwash, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 24, this month we show 24.
It’s never an exact art, but to try to forecast how property is going to appreciate in Pugwash 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 Pugwash have stayed pretty much the same which would tend to indicate that demand is steady.
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