Across the nation CREW lists data for 5162 neighbourhoods, and this month Harbour Grace is number 2258 putting it in the top half of the country .
Harbour Grace, Newfoundland and Labrador has a median house price of $239,000 when compiling all the home listings in Aug .
Harbour Grace’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Harbour Grace has a huge choice compared to the rest of the province
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Harbour Grace will hopefully provide an indicator to help you where to research in-depth
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Harbour Grace, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 23, this month we show 20.
When we look at the data we have, it can help with trying to establish whether or not Harbour Grace is a good investment target.
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.