The Glades was Canada’s 4179th most expensive suburb by listed median house price this month.
The Glades, New Brunswick has a median house price of $129,900 when compiling all the home listings in Jun .
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.
There are 414 neighbourhoods that have more properties on sale than The Glades at the moment in New Brunswick which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
Is The Glades a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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.
As one of New Brunswick’s many potential real estate investment neighbourhoods, The Glades 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.
In The Glades, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.