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.
Saint-Cuthbert Home Price
When looking across the province, Saint-Cuthbert is the 603th most expensive in Quebec.
While the median for Quebec is $224,900 , which means that Saint-Cuthbert’s median price is $169,000 below average than the rest of the province.
Saint-Cuthbert’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
According to our stats, Saint-Cuthbert is the neighbourhood that has the 402th most properties available to real estate investors in Quebec.
As one of Quebec’s many potential real estate investment neighbourhoods, Saint-Cuthbert needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Saint-Cuthbert, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 21, this month we show 21.
Will prices rise across the next year in in Saint-Cuthbert? 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 Saint-Cuthbert 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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