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.
La Martre Home Price
In Aug the median listed house price of $69,450 in La Martre was relatively low compared to the rest of Quebec.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 2.
Can we guarantee how well La Martre 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.
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 La Martre have dried up which would tend to indicate that demand is higher than the supply of new properties.
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.
When we look at the data we have, it can help with trying to establish whether or not La Martre 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 La Martre have stayed pretty much the same which would tend to indicate that demand is steady.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”
Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.
© 2021 Canadian Estate Wealth. All Rights Reserved by Merged Media