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.
Richard Home Price
Richard was Canada’s 1080th most expensive suburb by listed median house price this month.
The median house price listed in Richard this month is $347,000.
Saskatchewan has the sixth most amount of properties available to property investors, with Richard having 303th most in the province, out of a total of 357.
It’s never an exact art, but to try to forecast how property is going to appreciate in Richard for investors, it’s important to look at data like:
Over the last three months in Richard, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
Is Richard a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Richard there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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