Across the nation CREW lists data for 5162 neighbourhoods, and this month Boyle is number 1965 putting it in the top half of the country .
Boyle, Alberta has a median house price of $259,450 when compiling all the home listings in Aug .
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Boyle will hopefully provide an indicator to help you where to research in-depth
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 Boyle, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 14, this month we show 16.
Is Boyle a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
If you are looking at investment properties in Boyle, 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.