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 Pêche Home Price
With a median listing price of $259,900, La Pêche is Canada’s 1938th most expensive when ordered by median listing price.
With La Pêche’s median house price at $259,900 in Aug , it is high priced compared to the rest of Quebec.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
There are 1047 neighbourhoods that have more properties on sale than La Pêche at the moment in Quebec which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
Is La Pêche a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In La Pêche, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 149, this month we show 139.
Across the country as a whole, La Pêche is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
When our research team crunched the numbers we calculated that La Pêche has a median home price of $309,900.
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
From our data, it appears that neighbourhood is number 615th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 40.
It’s never an exact art, but to try to forecast how property is going to appreciate in La Pêche for investors, it’s important to look at data like:
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
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