Across the nation CREW lists data for 5162 neighbourhoods, and this month Adams Lake is number 113 putting it ahead of most neighbourhoods .
The $799,900 price tag on the median Adams Lake home means that it is quite highly priced by Canadian standards.
Across British Columbia Adams Lake has the 267th most properties on offer with 359.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Adams Lake will hopefully provide an indicator to help you where to research in-depth
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
Can we guarantee how well Adams Lake is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
If you are looking at investment properties in Adams Lake, 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.