Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Tobin Lake Home Price
With Tobin Lake’s median house price at $447,000 in Aug , it is high priced compared to the rest of Saskatchewan.
From our data, it appears that neighbourhood is number 4285th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Tobin Lake will hopefully provide an indicator to help you where to research in-depth
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
Over the last three months in Tobin Lake, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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