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.
Oungre Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Oungre is number 4267 putting it behind most of Canada .
With Oungre’s median house price at $129,900 in Aug , it is below average compared to the rest of Saskatchewan.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
According to our stats, Oungre is the neighbourhood that has the 303th 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 Oungre is a good investment target.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
Is Oungre a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
If you are looking at investment properties in Oungre, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.
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