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.
Odessa Home Price
Canada’s national median home listing price this month is $290,900, which means that Odessa is in the cheapest 20% for Canada.
When our research team crunched the numbers we calculated that Odessa has a median home price of $72,450.
Will prices rise across the next year in in Odessa? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Odessa there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Odessa will hopefully provide an indicator to help you where to research in-depth
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 Odessa have stayed pretty much the same which would tend to indicate that demand is steady.
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