Canada’s national median home listing price this month is $319,000, which means that Gladwyn is in the bottom 40% for Canada.
Gladwyn, New Brunswick has a median house price of $158,450 when compiling all the home listings in May .
There are 416 neighbourhoods that have more properties on sale than Gladwyn at the moment in New Brunswick which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Gladwyn 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.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Gladwyn needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
In Gladwyn, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.