Experts have indicated Canada will need to build millions more homes in the next 10 years to meet our growing needs. To the casual observer the problem is easy to solve: just build more homes. For those in the real estate development field, the problem is much more complicated than this.
Canwood Home Price
In Aug the median listed house price of $148,900 in Canwood was a below average compared to the rest of Saskatchewan.
If you’re looking at investment properties in Canwood, then you’re most likely to find homes with 2 bedrooms on sale this month.
Across Saskatchewan Canwood has the 236th most properties on offer with 357.
When we look at the data we have, it can help with trying to establish whether or not Canwood is a good investment target.
In Canwood, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
Is Canwood 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 Canwood, 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.
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