When looking across the province, Renous is the 56th most expensive in New Brunswick.
When our research team crunched the numbers we calculated that Renous has a median home price of $242,200.
There are 433 neighbourhoods that have more properties on sale than Renous at the moment in New Brunswick which puts the neighbourhood middle range when looking at the number of properties to choose from.
It’s never an exact art, but to try to forecast how property is going to appreciate in Renous 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 Renous there is more stock than three months ago. This would indicate pressure on prices easing.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Sep this neighbourhood’s most common listing the same as the national average.
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.
In Renous, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.