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.
Chute-Saint-Philippe Home Price
With a median listing price of $149,750, Chute-Saint-Philippe is Canada’s 3920th most expensive when ordered by median listing price.
The $149,750 price tag on the median Chute-Saint-Philippe home means that it is below the national norm.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Chute-Saint-Philippe has more than the average number to choose from compared to the rest of the province
Can we guarantee how well Chute-Saint-Philippe is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Chute-Saint-Philippe have dried up which would tend to indicate that demand is higher than the supply of new properties.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
When we look at the data we have, it can help with trying to establish whether or not Chute-Saint-Philippe is a good investment target.
Over the last three months in Chute-Saint-Philippe, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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