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 Morandière Home Price
Across the nation CREW lists data for 1944 neighbourhoods, and this month La Morandière is number 1886 putting it behind most of Canada .
With La Morandière’s median house price at $83,750 in Aug , it is one of the cheapest neighbourhoods 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 5.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then La Morandière has fewer than average compared to the rest of the province
Will prices rise across the next year in in La Morandière? There are a number of real estate indicators to consider.
Over the last three months in La Morandière, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
When we look at the data we have, it can help with trying to establish whether or not La Morandière is a good investment target.
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