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-Anne-de-Sorel Home Price
When looking across the province, Sainte-Anne-de-Sorel is the 143th most expensive in Quebec.
The $276,750 price tag on the median Sainte-Anne-de-Sorel home means that it is above the cost of most houses in the country.
Sainte-Anne-de-Sorel’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
From our data, it appears that neighbourhood is number 764th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Sainte-Anne-de-Sorel will hopefully provide an indicator to help you where to research in-depth
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
The median asking price in Sainte-Anne-de-Sorel is $329,250, a substantial increase over the median three months ago which was $232,200 .
Want a cheaply priced house? Then at $329,250 this month, Sainte-Anne-de-Sorel, Quebec is definitely not for you price wise.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Across Quebec Sainte-Anne-de-Sorel has the 373th most properties on offer with 453.
Quebec has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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-Anne-de-Sorel, 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 2, this month we show 2.
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