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.
Notre-Dame-des-Sept-Douleurs Home Price
The median asking price in Notre-Dame-des-Sept-Douleurs is $429,500, a substantial increase over the median three months ago which was $280,000 .
While the median for Quebec is $224,900 , which means that Notre-Dame-des-Sept-Douleurs’s median price is $429,500 considerably better than the rest of the province.
Quebec has the second most amount of properties available to property investors, with Notre-Dame-des-Sept-Douleurs having 997th most in the province, out of a total of 1047.
Will prices rise across the next year in in Notre-Dame-des-Sept-Douleurs? There are a number of real estate indicators to consider.
Over the last three months in Notre-Dame-des-Sept-Douleurs, housing stock available seems to be falling – this could mean that homes values might increase faster.
When we look at the data we have, it can help with trying to establish whether or not Notre-Dame-des-Sept-Douleurs is a good investment target.
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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