Across the nation CREW lists data for 5162 neighbourhoods, and this month Hosmer is number 616 putting it ahead of most neighbourhoods .
In Aug the median listed house price of $431,950 in Hosmer was an above average compared to the rest of British Columbia.
There are 359 neighbourhoods that have more properties on sale than Hosmer at the moment in British Columbia which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Hosmer 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 Hosmer have stayed pretty much the same which would tend to indicate that demand is steady.
Will prices rise across the next year in in Hosmer? There are a number of real estate indicators to consider.
Over the last three months in Hosmer, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.