Across the country as a whole, Parkdale is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
Parkdale, Prince Edward Island has a median house price of $145,850 when compiling all the home listings in Aug .
It’s never an exact art, but to try to forecast how property is going to appreciate in Parkdale for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Parkdale there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Parkdale will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Parkdale, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.