Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
St. Margarets Home Price
In Aug the median listed house price of $61,700 in St. Margarets was relatively low compared to the rest of New Brunswick.
From our data, it appears that neighbourhood is number 3171th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 40.
As one of New Brunswick’s many potential real estate investment neighbourhoods, St. Margarets 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in St. Margarets there is more stock than three months ago. This would indicate pressure on prices easing.
When we look at the data we have, it can help with trying to establish whether or not St. Margarets is a good investment target.
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