The $52,000 price tag on the median Temperance Vale home means that it is very cheap in comparison to the rest of the nation.
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
Across New Brunswick Temperance Vale has the 112th most properties on offer with 421.
It’s never an exact art, but to try to forecast how property is going to appreciate in Temperance Vale for investors, it’s important to look at data like:
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.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Is Temperance Vale a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Temperance Vale there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.