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.
Hague Home Price
Across the country as a whole, Hague is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
With Hague’s median house price at $304,900 in Aug , it is high priced compared to the rest of Saskatchewan.
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.
Across Saskatchewan Hague has the 150th most properties on offer with 357.
As one of Saskatchewan’s many potential real estate investment neighbourhoods, Hague 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.
When we look at the data we have, it can help with trying to establish whether or not Hague is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Hague there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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