Millennials are benefiting from a confluence of factors, like low rates and minimal competition in the starter home segment, that have made homeownership less prohibitive.
Saint-Mathias-sur-Richelieu Home Price
Across the country as a whole, Saint-Mathias-sur-Richelieu is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
In Aug the median listed house price of $599,000 in Saint-Mathias-sur-Richelieu was an impressive compared to the rest of Quebec.
Saint-Mathias-sur-Richelieu’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.
According to our stats, Saint-Mathias-sur-Richelieu is the neighbourhood that has the 664th most properties available to real estate investors in Quebec.
As one of Quebec’s many potential real estate investment neighbourhoods, Saint-Mathias-sur-Richelieu needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
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 Saint-Mathias-sur-Richelieu have increased which would tend to indicate that demand is not as high as supply.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
It’s never an exact art, but to try to forecast how property is going to appreciate in Saint-Mathias-sur-Richelieu for investors, it’s important to look at data like:
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.
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