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.
Liberty Home Price
Canada’s national median home listing price this month is $314,900, which means that Liberty is in the bottom 40% for Canada.
Liberty, Saskatchewan has a median house price of $181,950 when compiling all the home listings in Oct .
According to our stats, Liberty is the neighbourhood that has the 282th most properties available to real estate investors in Saskatchewan.
When we look at the data we have, it can help with trying to establish whether or not Liberty is a good investment target.
In Liberty, 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 Oct this neighbourhood’s most common listing the same as the national average.
As one of Saskatchewan’s many potential real estate investment neighbourhoods, Liberty 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.
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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