Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Upper Clements Home Price
Upper Clements was Canada’s 3980th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Upper Clements has a median home price of $148,500.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Upper Clements has more than the average number to choose from compared to the rest of the province
Will prices rise across the next year in in Upper Clements? There are a number of real estate indicators to consider.
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.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
Nova Scotia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
In Upper Clements, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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