Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Tower Road Home Price
Tower Road was Canada’s 5041th most expensive suburb by listed median house price this month.
The median house price listed in Tower Road this month is $67,700.
Across Nova Scotia Tower Road has the 417th most properties on offer with 825.
When we look at the data we have, it can help with trying to establish whether or not Tower Road is a good investment target.
In Tower Road, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Tower Road will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Tower Road, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.
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