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.
Westmorland Home Price
Westmorland was Canada’s 476th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $479,000 in Westmorland was an impressive compared to the rest of New Brunswick.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
New Brunswick has the seventh most amount of properties available to property investors, with Westmorland having 158th most in the province, out of a total of 421.
New Brunswick 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 Westmorland, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
Will prices rise across the next year in in Westmorland? There are a number of real estate indicators to consider.
Corresponding census subdivisions are provided for the following place names where data is not available.
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