Across the country as a whole, Whitney is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for New Brunswick is $169,900 , which means that Whitney’s median price is $145,450 a lot lower than the rest of the province.
From our data, it appears that neighbourhood is number 4285th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Whitney 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 Whitney there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Will prices rise across the next year in in Whitney? There are a number of real estate indicators to consider.
If you are looking at investment properties in Whitney, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.