Souris was Canada’s 2824th most expensive suburb by listed median house price this month.
The $204,200 price tag on the median Souris home means that it is about average price.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Souris has a huge choice compared to the rest of the province
Manitoba 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.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Souris have dried up which would tend to indicate that demand is higher than the supply of new properties.
Will prices rise across the next year in in Souris? There are a number of real estate indicators to consider.
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.