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.
Southey Home Price
When looking across the province, Southey is the 122th most expensive in Saskatchewan.
In Aug the median listed house price of $239,900 in Southey was an above average compared to the rest of Saskatchewan.
4 bedroom properties are the most common available for real estate investors this month in neighbourhood.
Saskatchewan has the sixth most amount of properties available to property investors, with Southey having 123th most in the province, out of a total of 357.
Saskatchewan 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.
Over the last three months in Southey, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
Can we guarantee how well Southey 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 stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
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