Credit plays a crucial role in real estate investment, greatly influencing the borrowing options that investors have at their disposal.
Thompson Home Price
The median asking price in Thompson is $229,000, pretty close to the median three months ago which was $225,000 .
Thompson, Manitoba has a median house price of $229,000 when compiling all the home listings in Aug .
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
There are 250 neighbourhoods that have more properties on sale than Thompson at the moment in Manitoba which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
Will prices rise across the next year in in Thompson? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Thompson there is more stock than three months ago. This would indicate pressure on prices easing.
Want a cheaply priced house? Then at $169,000 this month, Thompson, Manitoba is somewhere that you should look at price wise.
This month we track 15th neighbourhoods in Manitoba, and Thompson has the 15th most choice available for real estate investors.
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
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