Canada’s national median home listing price this month is $319,900, which means that Porter Cove is close to average for Canada.
Porter Cove, New Brunswick has a median house price of $249,900 when compiling all the home listings in May .
New Brunswick has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
If you are looking at investment properties in Porter Cove, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
Is Porter Cove a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Porter Cove there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.