Canada’s national median home listing price this month is $285,000, which means that Kars is in the bottom 40% for Canada.
In Sep the median listed house price of $174,900 in Kars was an above average compared to the rest of New Brunswick.
New Brunswick has the seventh most amount of properties available to property investors, with Kars having 219th most in the province, out of a total of 433.
Is Kars a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Kars will hopefully provide an indicator to help you where to research in-depth
In Kars, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.