Canada’s national median home listing price this month is $290,900, which means that Georges River is in the bottom 40% for Canada.
Want a cheaply priced house? Then at $174,900 this month, Georges River, Nova Scotia is somewhere that you should look at price wise.
There are 825 neighbourhoods that have more properties on sale than Georges River at the moment in Nova Scotia which puts the neighbourhood top 40% when looking at the number of properties to choose from.
It’s never an exact art, but to try to forecast how property is going to appreciate in Georges River for investors, it’s important to look at data like:
Over the last three months in Georges River, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
Is Georges River a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Georges River there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.