Experts have indicated Canada will need to build millions more homes in the next 10 years to meet our growing needs. To the casual observer the problem is easy to solve: just build more homes. For those in the real estate development field, the problem is much more complicated than this.
Arran Home Price
When looking across the province, Arran is the 347th most expensive in Saskatchewan.
The median house price listed in Arran this month is $79,450.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Arran has not many at all compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not Arran is a good investment target.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Jul this neighbourhood’s most common listing the same as the national average.
Saskatchewan has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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.
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