Across the nation CREW lists data for 5043 neighbourhoods, and this month Peel is number 4539 putting it behind most of Canada .
When our research team crunched the numbers we calculated that Peel has a median home price of $104,900.
From our data, it appears that neighbourhood is number 4155th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
Will prices rise across the next year in in Peel? There are a number of real estate indicators to consider.
In Peel, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Peel 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.
If you are looking at investment properties in Peel, 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.