Across the nation CREW lists data for 4772 neighbourhoods, and this month Shoreacres is number 2596 putting it in the bottom half of the country .
Shoreacres, British Columbia has a median house price of $204,450 when compiling all the home listings in Jul .
According to our stats, Shoreacres is the neighbourhood that has the 316th most properties available to real estate investors in British Columbia.
As one of British Columbia’s many potential real estate investment neighbourhoods, Shoreacres 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Shoreacres there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Jul this neighbourhood’s most common listing the same as the national average.
Can we guarantee how well Shoreacres 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.