Across the country as a whole, Wabush is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for Newfoundland and Labrador is $209,000 , which means that Wabush’s median price is $295,000 better than average than the rest of the province.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 4.
From our data, it appears that neighbourhood is number 2268th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 50.
Will prices rise across the next year in in Wabush? There are a number of real estate indicators to consider.
If you are looking at investment properties in Wabush, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
When we look at the data we have, it can help with trying to establish whether or not Wabush is a good investment target.
In Wabush, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.