Giscome was Canada’s 1372th most expensive suburb by listed median house price this month.
Want a cheaply priced house? Then at $307,499 this month, Giscome, British Columbia is somewhere that you should look at price wise.
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.
Can we guarantee how well Giscome 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.
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 Giscome, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Giscome 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.