Across the nation CREW lists data for 4960 neighbourhoods, and this month Cape Ray is number 3331 putting it in the bottom half of the country .
The median house price listed in Cape Ray this month is $169,200.
There are 162 neighbourhoods that have more properties on sale than Cape Ray at the moment in Newfoundland and Labrador which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
Newfoundland and Labrador has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
It’s never an exact art, but to try to forecast how property is going to appreciate in Cape Ray for investors, it’s important to look at data like:
In Cape Ray, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.