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-Félicien Home Price
Canada’s national median home listing price this month is $290,900, which means that Saint-Félicien is in the bottom 40% for Canada.
In Aug the median listed house price of $172,000 in Saint-Félicien was a below average compared to the rest of Quebec.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
According to our stats, Saint-Félicien is the neighbourhood that has the 169th most properties available to real estate investors in Quebec.
It’s never an exact art, but to try to forecast how property is going to appreciate in Saint-Félicien for investors, it’s important to look at data like:
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-Félicien, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 64, this month we show 60.
Can we guarantee how well Saint-Félicien 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.
In Saint-Félicien, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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