Across the country as a whole, Canaan is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
Canaan, New Brunswick has a median house price of $78,700 when compiling all the home listings in Jul .
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
There are 450 neighbourhoods that have more properties on sale than Canaan at the moment in New Brunswick which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
Can we guarantee how well Canaan 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.
If you are looking at investment properties in Canaan, 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.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Canaan will hopefully provide an indicator to help you where to research in-depth
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Canaan have stayed pretty much the same which would tend to indicate that demand is steady.