With a median listing price of $154,900, Canoose is Canada’s 3790th most expensive when ordered by median listing price.
The $154,900 price tag on the median Canoose home means that it is below the national norm.
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.
There are 421 neighbourhoods that have more properties on sale than Canoose at the moment in New Brunswick which puts the neighbourhood middle range when looking at the number of properties to choose from.
Can we guarantee how well Canoose 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.
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.
When we look at the data we have, it can help with trying to establish whether or not Canoose is a good investment target.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.