Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Yale Home Price
With a median listing price of $299,900, Yale is Canada’s 1425th most expensive when ordered by median listing price.
With Yale’s median house price at $299,900 in Aug , it is below average compared to the rest of British Columbia.
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.
Is Yale a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
Will prices rise across the next year in in Yale? There are a number of real estate indicators to consider.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Yale have stayed pretty much the same which would tend to indicate that demand is steady.
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