Upper North Sydney was Canada’s 3874th most expensive suburb by listed median house price this month.
The $149,900 price tag on the median Upper North Sydney home means that it is below the national norm.
Across Nova Scotia Upper North Sydney has the 417th most properties on offer with 825.
Will prices rise across the next year in in Upper North Sydney? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Upper North Sydney there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
It’s never an exact art, but to try to forecast how property is going to appreciate in Upper North Sydney 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.