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.
Porcupine Plain Home Price
The median asking price in Porcupine Plain is $144,900, less than the median three months ago which was $152,900 .
While the median for Saskatchewan is $269,900 , which means that Porcupine Plain’s median price is $144,900 a lot lower than the rest of the province.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
According to our stats, Porcupine Plain is the neighbourhood that has the 73th most properties available to real estate investors in Saskatchewan.
Will prices rise across the next year in in Porcupine Plain? There are a number of real estate indicators to consider.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
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.
When we look at the data we have, it can help with trying to establish whether or not Porcupine Plain is a good investment target.
In Porcupine Plain, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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