Canada’s national median home listing price this month is $310,000, which means that Lakeside is in the top 40% for Canada.
The median house price listed in Lakeside this month is $292,400.
New Brunswick has the seventh most amount of properties available to property investors, with Lakeside having 297th most in the province, out of a total of 414.
It’s never an exact art, but to try to forecast how property is going to appreciate in Lakeside for investors, it’s important to look at data like:
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.
When we look at the data we have, it can help with trying to establish whether or not Lakeside is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Lakeside there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.