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.
Buckingham Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Buckingham is number 3000 putting it in the bottom half of the country .
In Aug the median listed house price of $194,900 in Buckingham was an above average compared to the rest of Quebec.
Buckingham’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
Quebec has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
In Buckingham, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
When looking across the province, Buckingham is the 135th most expensive in Quebec.
With Buckingham’s median house price at $214,900 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.
This month we track 119th neighbourhoods in Quebec, and Buckingham has the 119th most choice available for real estate investors.
As one of Quebec’s many potential real estate investment neighbourhoods, Buckingham 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.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
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