Credit plays a crucial role in real estate investment, greatly influencing the borrowing options that investors have at their disposal.
Devine Home Price
Canada’s national median home listing price this month is $290,900, which means that Devine is in the top 40% for Canada.
With Devine’s median house price at $284,000 in Aug , it is below average compared to the rest of British Columbia.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
From our data, it appears that neighbourhood is number 4285th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
Is Devine a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
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.
In Devine, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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