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.
Jonquière Home Price
Canada’s national median home listing price this month is $290,900, which means that Jonquière is close to average for Canada.
The $189,900 price tag on the median Jonquière home means that it is about average price.
Jonquière’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
According to our stats, Jonquière is the neighbourhood that has the 14th most properties available to real estate investors in Quebec.
Quebec has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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 the nation CREW lists data for 1054 neighbourhoods, and this month Jonquière is number 734 putting it in the bottom half of the country .
Jonquière, Quebec has a median house price of $174,250 when compiling all the home listings in Aug .
Jonquière’s most common listing this month is 2 bedroom properties, less than province’s most common offering of 2 bedrooms.
From our data, it appears that neighbourhood is number 73th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.
Can we guarantee how well Jonquière 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 Jonquière there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
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