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.
Leask Home Price
Across the country as a whole, Leask is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
Want a cheaply priced house? Then at $99,900 this month, Leask, Saskatchewan do not consider price wise.
Leask’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 2 bedrooms.
This month we track 183th neighbourhoods in Saskatchewan, and Leask has the 183th most choice available for real estate investors.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Leask will hopefully provide an indicator to help you where to research in-depth
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 Leask, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 2, this month we show 5.
When we look at the data we have, it can help with trying to establish whether or not Leask is a good investment target.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
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