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.
Watson Lake Home Price
Across the country as a whole, Watson Lake is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
Want a cheaply priced house? Then at $224,450 this month, Watson Lake, Yukon is somewhere that you should look at price wise.
Yukon has the third least amount of properties available to property investors, with Watson Lake having 4th most in the province, out of a total of 4.
Will prices rise across the next year in in Watson Lake? 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 we look at the data we have, it can help with trying to establish whether or not Watson Lake is a good investment target.
If you are looking at investment properties in Watson Lake, 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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