With a median listing price of $29,500, Rose Blanche is Canada’s 5041th most expensive when ordered by median listing price.
While the median for Newfoundland and Labrador is $249,000 , which means that Rose Blanche’s median price is $29,500 a lot lower than the rest of the province.
Newfoundland and Labrador 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.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Rose Blanche will hopefully provide an indicator to help you where to research in-depth
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.