The $254,900 price tag on the median Roaches Line home means that it is above the cost of most houses in the country.
Across Newfoundland and Labrador Roaches Line has the 138th most properties on offer with 197.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Roaches Line will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Roaches Line, 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.
Can we guarantee how well Roaches Line is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Roaches Line there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.