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.
Gore Home Price
With a median listing price of $245,000, Gore is Canada’s 2147th most expensive when ordered by median listing price.
Want a cheaply priced house? Then at $245,000 this month, Gore, Quebec is probably not for you price wise.
Investors looking for properties in Gore are most likely to find 2 bedroom homes on offer this month, with 3 bedroom potential investment properties the second most popular.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Gore will hopefully provide an indicator to help you where to research in-depth
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.
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.
Can we guarantee how well Gore 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.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
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