Canada’s national median home listing price this month is $290,900, which means that Anagance is in the cheapest 20% for Canada.
In Aug the median listed house price of $94,900 in Anagance was relatively low 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.
Will prices rise across the next year in in Anagance? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Anagance there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Can we guarantee how well Anagance is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
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 Anagance have stayed pretty much the same which would tend to indicate that demand is steady.