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.
Neuville Home Price
When looking across the province, Neuville is the 89th most expensive in Quebec.
The $300,000 price tag on the median Neuville home means that it is above the cost of most houses in the country.
If you’re looking at investment properties in Neuville, then you’re most likely to find homes with 2 bedrooms on sale this month.
Across Quebec Neuville has the 209th most properties on offer with 1047.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Neuville will hopefully provide an indicator to help you where to research in-depth
In Neuville, 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.
Canada’s national median home listing price this month is $244,900, which means that Neuville is in the top 20% for Canada.
Neuville, Quebec has a median house price of $349,450 when compiling all the home listings in Aug .
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.
This month we track 373th neighbourhoods in Quebec, and Neuville has the 373th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Neuville is a good investment target.
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