The median asking price in Canterbury is $59,900, quite a drop from the median three months ago which was $64,900 .
In Aug the median listed house price of $59,900 in Canterbury was relatively low compared to the rest of New Brunswick.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
This month we track 158th neighbourhoods in New Brunswick, and Canterbury has the 158th most choice available for real estate investors.
It’s never an exact art, but to try to forecast how property is going to appreciate in Canterbury for investors, it’s important to look at data like:
In Canterbury, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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.
Will prices rise across the next year in in Canterbury? There are a number of real estate indicators to consider.
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.