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-Jérôme Home Price
While the median for Quebec is $224,900 , which means that Saint-Jérôme’s median price is $234,900 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.
Quebec has the second most amount of properties available to property investors, with Saint-Jérôme having 10th most in the province, out of a total of 1047.
Will prices rise across the next year in in Saint-Jérôme? There are a number of real estate indicators to consider.
In Saint-Jérôme, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
With a median listing price of $159,900, Saint-Jérôme is Canada’s 805th most expensive when ordered by median listing price.
When our research team crunched the numbers we calculated that Saint-Jérôme has a median home price of $159,900.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
There are 453 neighbourhoods that have more properties on sale than Saint-Jérôme at the moment in Quebec which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
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.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
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