Saint-Norbert was Canada’s 4006th most expensive suburb by listed median house price this month.
With Saint-Norbert’s median house price at $139,450 in Sep , it is below average compared to the rest of Quebec.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Sep this neighbourhood’s most common listing has properties with fewer bedrooms.
Quebec has the second most amount of properties available to property investors, with Saint-Norbert having 517th most in the province, out of a total of 1010.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Saint-Norbert will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Saint-Norbert, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
Can we guarantee how well Saint-Norbert 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 Saint-Norbert there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.