Canada’s national median home listing price this month is $290,900, which means that Cambridge-Narrows is close to average for Canada.
The median house price listed in Cambridge-Narrows this month is $199,500.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Cambridge-Narrows has a pretty average amount 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 Cambridge-Narrows is a good investment target.
In Cambridge-Narrows, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
It’s never an exact art, but to try to forecast how property is going to appreciate in Cambridge-Narrows for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Cambridge-Narrows there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.