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.
L'Assomption Home Price
When looking across the province, L'Assomption is the 230th most expensive in Quebec.
Want a cheaply priced house? Then at $241,700 this month, L'Assomption, Quebec is probably not for you price wise.
Investors looking for properties in L'Assomption are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.
From our data, it appears that neighbourhood is number 196th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.
Will prices rise across the next year in in L'Assomption? There are a number of real estate indicators to consider.
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.
Across the country as a whole, L'Assomption is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
In Aug the median listed house price of $177,400 in L'Assomption was a below average 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.
According to our stats, L'Assomption is the neighbourhood that has the 102th most properties available to real estate investors in Quebec.
Can we guarantee how well L'Assomption 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.
In L'Assomption, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
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