New Tusket was Canada’s 2690th most expensive suburb by listed median house price this month.
New Tusket, Nova Scotia has a median house price of $212,000 when compiling all the home listings in Aug .
Nova Scotia has the fifth most amount of properties available to property investors, with New Tusket having 587th most in the province, out of a total of 825.
It’s never an exact art, but to try to forecast how property is going to appreciate in New Tusket for investors, it’s important to look at data like:
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.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for New Tusket will hopefully provide an indicator to help you where to research in-depth
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.