Debt service ratio is essentially the ratio between your income and your debt payments. This ratio is important because it’s a simple way to measure how effectively you can handle your payments.
Aylmer Home Price
Canada’s national median home listing price this month is $290,900, which means that Aylmer is in the top 40% for Canada.
Aylmer, Quebec has a median house price of $289,000 when compiling all the home listings in Aug .
Aylmer’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
Quebec has the second most amount of properties available to property investors, with Aylmer having 6th most in the province, out of a total of 1047.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Aylmer will hopefully provide an indicator to help you where to research in-depth
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 Aylmer, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 611, this month we show 437.
Across the nation CREW lists data for 1054 neighbourhoods, and this month Aylmer is number 563 putting it in the bottom half of the country .
With Aylmer’s median house price at $199,900 in Aug , it is above average compared to the rest of Quebec.
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Aylmer has a huge choice compared to the rest of the province
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.
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