Richard was Canada’s 1080th most expensive suburb by listed median house price this month.
The median house price listed in Richard this month is $347,000.
Saskatchewan has the sixth most amount of properties available to property investors, with Richard having 303th most in the province, out of a total of 357.
It’s never an exact art, but to try to forecast how property is going to appreciate in Richard for investors, it’s important to look at data like:
Over the last three months in Richard, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
Is Richard 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 Richard there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.