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.
Moose Jaw Home Price
Across the country as a whole, Moose Jaw is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
In Aug the median listed house price of $239,900 in Moose Jaw was an above average compared to the rest of Saskatchewan.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
Across Saskatchewan Moose Jaw has the 4th most properties on offer with 357.
Can we guarantee how well Moose Jaw 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.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
When looking across the province, Moose Jaw is the 27th most expensive in Saskatchewan.
Want a cheaply priced house? Then at $238,000 this month, Moose Jaw, Saskatchewan is a possibility for you price wise.
Moose Jaw’s most common listing this month is 2 bedroom properties, less than province’s most common offering of 2 bedrooms.
Across Saskatchewan Moose Jaw has the 3rd most properties on offer with 46.
Is Moose Jaw a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Moose Jaw, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 65, this month we show 67.
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