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.
Regina Home Price
The $309,000 price tag on the median Regina home means that it is above the cost of most houses in the country.
Investors looking for properties in Regina are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.
This month we track 2nd neighbourhoods in Saskatchewan, and Regina has the 2nd most choice available for real estate investors.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Regina will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Regina there is more stock than three months ago. This would indicate pressure on prices easing.
Across the country as a whole, Regina 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 Regina this month is $262,450.
Investors looking for properties in Regina are most likely to find 2 bedroom homes on offer this month, with 1 bedroom potential investment properties the second most popular.
According to our stats, Regina is the neighbourhood that has the 2nd most properties available to real estate investors in Saskatchewan.
If you are looking at investment properties in Regina, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
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