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-Hilarion Home Price
Canada’s national median home listing price this month is $290,900, which means that Saint-Hilarion is close to average for Canada.
While the median for Quebec is $224,900 , which means that Saint-Hilarion’s median price is $239,450 better than average than the rest of the province.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Saint-Hilarion has fewer than average compared to the rest of the province
As one of Quebec’s many potential real estate investment neighbourhoods, Saint-Hilarion 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Saint-Hilarion there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
With a median listing price of $151,000, Saint-Hilarion is Canada’s 844th most expensive when ordered by median listing price.
Want a cheaply priced house? Then at $151,000 this month, Saint-Hilarion, Quebec is somewhere that you should look at price wise.
In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.
Can we guarantee how well Saint-Hilarion 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.
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.
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