Canada’s national median home listing price this month is $290,900, which means that Cupids is close to average for Canada.
Cupids, Newfoundland and Labrador has a median house price of $239,500 when compiling all the home listings in Aug .
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.
There are 197 neighbourhoods that have more properties on sale than Cupids at the moment in Newfoundland and Labrador which puts the neighbourhood top 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.
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.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Cupids will hopefully provide an indicator to help you where to research in-depth
In Cupids, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.