Major was Canada’s 2505th most expensive suburb by listed median house price this month.
The median house price listed in Major this month is $212,000.
Saskatchewan has the fifth most amount of properties available to property investors, with Major having 300th most in the province, out of a total of 367.
As one of Saskatchewan’s many potential real estate investment neighbourhoods, Major needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
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.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
When we look at the data we have, it can help with trying to establish whether or not Major 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 Major there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.