Across the nation CREW lists data for 5162 neighbourhoods, and this month Shemogue is number 3564 putting it in the bottom half of the country .
The $168,950 price tag on the median Shemogue home means that it is below the national norm.
Will prices rise across the next year in in Shemogue? There are a number of real estate indicators to consider.
In Shemogue, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Shemogue needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
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.