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.
Rockglen Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Rockglen is number 4907 putting it behind most of Canada .
Rockglen, Saskatchewan has a median house price of $83,900 when compiling all the home listings in Aug .
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
Saskatchewan has the sixth most amount of properties available to property investors, with Rockglen having 112th most in the province, out of a total of 357.
Can we guarantee how well Rockglen 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.
Over the last three months in Rockglen, housing stock available seems to be falling – this could mean that homes values might increase faster.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
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