East Bay was Canada’s 275th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that East Bay has a median home price of $597,000.
There are 825 neighbourhoods that have more properties on sale than East Bay at the moment in Nova Scotia which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
Nova Scotia 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.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for East Bay 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.