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.
Les Éboulements Home Price
Canada’s national median home listing price this month is $290,900, which means that Les Éboulements is close to average for Canada.
The $225,000 price tag on the median Les Éboulements home means that it is about average price.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
According to our stats, Les Éboulements is the neighbourhood that has the 321th most properties available to real estate investors in Quebec.
When we look at the data we have, it can help with trying to establish whether or not Les Éboulements is a good investment target.
In Les Éboulements, 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.
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.
As one of Quebec’s many potential real estate investment neighbourhoods, Les Éboulements needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
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