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.
Grande-Vallée Home Price
With a median listing price of $159,000, Grande-Vallée is Canada’s 3726th most expensive when ordered by median listing price.
The $159,000 price tag on the median Grande-Vallée home means that it is below the national norm.
According to our stats, Grande-Vallée is the neighbourhood that has the 930th most properties available to real estate investors in Quebec.
Can we guarantee how well Grande-Vallée 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Grande-Vallée there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
As one of Quebec’s many potential real estate investment neighbourhoods, Grande-Vallée 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.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
Corresponding census subdivisions are provided for the following place names where data is not available.
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