Credit plays a crucial role in real estate investment, greatly influencing the borrowing options that investors have at their disposal.
Campbell River Home Price
Canada’s national median home listing price this month is $290,900, which means that Campbell River is in the top 20% for Canada.
Campbell River, British Columbia has a median house price of $379,900 when compiling all the home listings in Aug .
Campbell River’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
From our data, it appears that neighbourhood is number 89th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.
British Columbia 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 fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
Across the country as a whole, Campbell River is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
The $234,900 price tag on the median Campbell River home means that it is above the cost of most houses in the country.
In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.
According to our stats, Campbell River is the neighbourhood that has the 30th most properties available to real estate investors in British Columbia.
It’s never an exact art, but to try to forecast how property is going to appreciate in Campbell River for investors, it’s important to look at data like:
In Campbell River, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”