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.
Denholm Home Price
With Denholm’s median house price at $387,400 in Nov , it is high priced compared to the rest of Saskatchewan.
From our data, it appears that neighbourhood is number 3849th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
When we look at the data we have, it can help with trying to establish whether or not Denholm is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Denholm there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Denholm will hopefully provide an indicator to help you where to research in-depth
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