Canada’s national median home listing price this month is $290,900, which means that Colinet is close to average for Canada.
With Colinet’s median house price at $209,000 in Aug , it is about average compared to the rest of Newfoundland and Labrador.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
Across Newfoundland and Labrador Colinet has the 98th most properties on offer with 197.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Colinet will hopefully provide an indicator to help you where to research in-depth
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
Can we guarantee how well Colinet 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.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.