The $268,000 price tag on the median Cape Dauphin home means that it is above the cost of most houses in the country.
According to our stats, Cape Dauphin is the neighbourhood that has the 610th most properties available to real estate investors in Nova Scotia.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Cape Dauphin will hopefully provide an indicator to help you where to research in-depth
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
Can we guarantee how well Cape Dauphin 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Cape Dauphin there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.