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-Jean-de-l'Île-d'Orléans Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Saint-Jean-de-l'Île-d'Orléans is number 839 putting it ahead of most neighbourhoods .
When our research team crunched the numbers we calculated that Saint-Jean-de-l'Île-d'Orléans has a median home price of $385,000.
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.
According to our stats, Saint-Jean-de-l'Île-d'Orléans is the neighbourhood that has the 242th most properties available to real estate investors in Quebec.
Can we guarantee how well Saint-Jean-de-l'Île-d'Orléans 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 Saint-Jean-de-l'Île-d'Orléans, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 46, this month we show 39.
Will prices rise across the next year in in Saint-Jean-de-l'Île-d'Orléans? There are a number of real estate indicators to consider.
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