When looking across the province, Lakelands is the 135th most expensive in Nova Scotia.
The $324,900 price tag on the median Lakelands home means that it is above the cost of most houses in the country.
Across Nova Scotia Lakelands has the 121th most properties on offer with 825.
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.
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 Lakelands, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 15, this month we show 11.
Can we guarantee how well Lakelands is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.