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-Thérèse-de-la-Gatineau Home Price
Across the country as a whole, Sainte-Thérèse-de-la-Gatineau is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
Sainte-Thérèse-de-la-Gatineau, Quebec has a median house price of $219,500 when compiling all the home listings in Aug .
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
This month we track 418th neighbourhoods in Quebec, and Sainte-Thérèse-de-la-Gatineau has the 418th 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 Sainte-Thérèse-de-la-Gatineau is a good investment target.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
Can we guarantee how well Sainte-Thérèse-de-la-Gatineau 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.
Over the last three months in Sainte-Thérèse-de-la-Gatineau, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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