Sandy MacKay, a top local realtor from the Hamilton area, says that investors should be paying attention to the city as it has a lot to offer.
Trois-Rivières Home Price
With a median listing price of $169,500, Trois-Rivières is Canada’s 3519th most expensive when ordered by median listing price.
When our research team crunched the numbers we calculated that Trois-Rivières has a median home price of $169,500.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
It’s never an exact art, but to try to forecast how property is going to appreciate in Trois-Rivières for investors, it’s important to look at data like:
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
With a median listing price of $164,900, Trois-Rivières is Canada’s 786th most expensive when ordered by median listing price.
The $164,900 price tag on the median Trois-Rivières home means that it is below the national norm.
There are 453 neighbourhoods that have more properties on sale than Trois-Rivières at the moment in Quebec 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 Trois-Rivières? There are a number of real estate indicators to consider.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Trois-Rivières, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 295, this month we show 299.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”
Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.
© 2021 Canadian Estate Wealth. All Rights Reserved by Merged Media