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.
Sainte-Adèle Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Sainte-Adèle is number 2257 putting it in the top half of the country .
Sainte-Adèle, Quebec has a median house price of $239,250 when compiling all the home listings in Aug .
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
Quebec has the second most amount of properties available to property investors, with Sainte-Adèle having 21th most in the province, out of a total of 1047.
Can we guarantee how well Sainte-Adèle 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.
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 Sainte-Adèle, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 380, this month we show 240.
The median asking price in Sainte-Adèle is $191,750, pretty close to the median three months ago which was $189,900 .
The median house price listed in Sainte-Adèle this month is $191,750.
Investors looking for properties in Sainte-Adèle are most likely to find 2 bedroom homes on offer this month, with 3 bedroom potential investment properties the second most popular.
According to our stats, Sainte-Adèle is the neighbourhood that has the 47th most properties available to real estate investors in Quebec.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Sainte-Adèle will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Sainte-Adèle, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
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