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.
St-Denis Home Price
Across the country as a whole, St-Denis is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
In Aug the median listed house price of $79,900 in St-Denis was relatively low compared to the rest of Saskatchewan.
When we look at the data we have, it can help with trying to establish whether or not St-Denis is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in St-Denis there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
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