Across the nation CREW lists data for 5162 neighbourhoods, and this month Cornhill is number 4748 putting it behind most of Canada .
In Aug the median listed house price of $97,450 in Cornhill was relatively low compared to the rest of New Brunswick.
From our data, it appears that neighbourhood is number 4285th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
Will prices rise across the next year in in Cornhill? 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 Cornhill there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Cornhill will hopefully provide an indicator to help you where to research in-depth
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 Cornhill have stayed pretty much the same which would tend to indicate that demand is steady.