While the median for New Brunswick is $174,900 , which means that Newcastle Creek’s median price is $73,950 a lot lower than the rest of the province.
This month we track 297th neighbourhoods in New Brunswick, and Newcastle Creek has the 297th most choice available for real estate investors.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Newcastle Creek 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Newcastle Creek there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Will prices rise across the next year in in Newcastle Creek? There are a number of real estate indicators to consider.