Across the nation CREW lists data for 4103 neighbourhoods, and this month Boswarlos is number 3919 putting it behind most of Canada .
Boswarlos, Newfoundland and Labrador has a median house price of $77,450 when compiling all the home listings in Dec .
According to our stats, Boswarlos is the neighbourhood that has the 115th most properties available to real estate investors in Newfoundland and Labrador.
It’s never an exact art, but to try to forecast how property is going to appreciate in Boswarlos for investors, it’s important to look at data like:
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Boswarlos, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.
Can we guarantee how well Boswarlos 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Boswarlos there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.