Saint-François was Canada’s 5159th most expensive suburb by listed median house price this month.
With Saint-François’s median house price at $31,150 in Aug , it is one of the cheapest neighbourhoods compared to the rest of New Brunswick.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Saint-François needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
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.
Will prices rise across the next year in in Saint-François? There are a number of real estate indicators to consider.
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.