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.
Chambord Home Price
Chambord was Canada’s 3713th most expensive suburb by listed median house price this month.
With Chambord’s median house price at $159,500 in Aug , it is below average compared to the rest of Quebec.
Chambord’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
From our data, it appears that neighbourhood is number 841th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.
When we look at the data we have, it can help with trying to establish whether or not Chambord is a good investment target.
In Chambord, 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.
With a median listing price of $224,450, Chambord is Canada’s 462th most expensive when ordered by median listing price.
The $224,450 price tag on the median Chambord home means that it is about average price.
Quebec has the most amount of properties available to property investors, with Chambord having 373th most in the province, out of a total of 453.
Will prices rise across the next year in in Chambord? There are a number of real estate indicators to consider.
In Chambord, 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.
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