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.
Gatineau Home Price
With a median listing price of $247,500, Gatineau is Canada’s 2126th most expensive when ordered by median listing price.
Gatineau, Quebec has a median house price of $247,500 when compiling all the home listings in Aug .
Investors looking for properties in Gatineau are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.
When we look at the data we have, it can help with trying to establish whether or not Gatineau is a good investment target.
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 Gatineau have dried up which would tend to indicate that demand is higher than the supply of new properties.
When our research team crunched the numbers we calculated that Gatineau has a median home price of $214,500.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
It’s never an exact art, but to try to forecast how property is going to appreciate in Gatineau for investors, it’s important to look at data like:
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Gatineau there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
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