Credit plays a crucial role in real estate investment, greatly influencing the borrowing options that investors have at their disposal.
Mayo Home Price
Across the country as a whole, Mayo is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
The median house price listed in Mayo this month is $364,250.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Apr this neighbourhood’s most common listing has properties with fewer bedrooms.
This month we track 3rd neighbourhoods in Yukon, and Mayo has the 3rd most choice available for real estate investors.
Is Mayo a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Mayo have stayed pretty much the same which would tend to indicate that demand is steady.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Apr this neighbourhood’s most common listing the same as the national average.
Can we guarantee how well Mayo 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.
In Mayo, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”
Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.
© 2023 Canadian Estate Wealth. All Rights Reserved by Merged Media