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.
Low Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Low is number 4213 putting it behind most of Canada .
With Low’s median house price at $134,950 in Aug , it is below average compared to the rest of Quebec.
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
Quebec has the second most amount of properties available to property investors, with Low having 334th most in the province, out of a total of 1047.
Is Low a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Low, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 26, this month we show 26.
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.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Low have stayed pretty much the same which would tend to indicate that demand is steady.
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