The median asking price in Torbay is $469,900, a substantial increase over the median three months ago which was $487,650 .
Torbay, Newfoundland and Labrador has a median house price of $469,900 when compiling all the home listings in Aug .
According to our stats, Torbay is the neighbourhood that has the 10th most properties available to real estate investors in Newfoundland and Labrador.
When we look at the data we have, it can help with trying to establish whether or not Torbay is a good investment target.
In Torbay, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.