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.
Saguenay Home Price
Saguenay was Canada’s 2980th most expensive suburb by listed median house price this month.
The median house price listed in Saguenay this month is $196,000.
4 bedroom properties are the most common available for real estate investors this month in neighbourhood.
This month we track 63th neighbourhoods in Quebec, and Saguenay has the 63th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Saguenay is a good investment target.
In Saguenay, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
Want a cheaply priced house? Then at $229,000 this month, Saguenay, Quebec is probably not for you price wise.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Saguenay has more than the average number to choose from compared to the rest of the province
Can we guarantee how well Saguenay is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
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.
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