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-Rémi Home Price
The median asking price in Saint-Rémi is $199,900, pretty close to the median three months ago which was $229,900 .
When our research team crunched the numbers we calculated that Saint-Rémi has a median home price of $199,900.
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-Rémi having 345th most in the province, out of a total of 1047.
Will prices rise across the next year in in Saint-Rémi? There are a number of real estate indicators to consider.
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-Rémi, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 65, this month we show 25.
Across the country as a whole, Saint-Rémi is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
Saint-Rémi, Quebec has a median house price of $167,900 when compiling all the home listings in Aug .
From our data, it appears that neighbourhood is number 203th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Saint-Rémi will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Saint-Rémi there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
Corresponding census subdivisions are provided for the following place names where data is not available.
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