Canada’s national median home listing price this month is $290,900, which means that Maccan is in the cheapest 20% for Canada.
The median house price listed in Maccan this month is $74,900.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Maccan has fewer than average compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not Maccan is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Maccan there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Is Maccan 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 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.