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.
Lestock Home Price
With a median listing price of $34,900, Lestock is Canada’s 5156th most expensive when ordered by median listing price.
The median house price listed in Lestock this month is $34,900.
Lestock’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 2 bedrooms.
There are 357 neighbourhoods that have more properties on sale than Lestock at the moment in Saskatchewan which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
Is Lestock a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
In Lestock, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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.
Can we guarantee how well Lestock 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.
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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