Canada’s national median home listing price this month is $290,900, which means that Durham-Sud is in the top 40% for Canada.
In Aug the median listed house price of $294,000 in Durham-Sud was an impressive compared to the rest of Quebec.
From our data, it appears that neighbourhood is number 3171th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 40.
Quebec 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.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Durham-Sud, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 7, this month we show 4.
It’s never an exact art, but to try to forecast how property is going to appreciate in Durham-Sud for investors, it’s important to look at data like:
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.