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.
Lemberg Home Price
In Jun the median listed house price of $119,950 in Lemberg was relatively low compared to the rest of Saskatchewan.
According to our stats, Lemberg is the neighbourhood that has the 283th most properties available to real estate investors in Saskatchewan.
It’s never an exact art, but to try to forecast how property is going to appreciate in Lemberg for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Lemberg there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Can we guarantee how well Lemberg 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.
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