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.
Speers Home Price
When looking across the province, Speers is the 354th most expensive in Saskatchewan.
The $35,400 price tag on the median Speers home means that it is very cheap in comparison to the rest of 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 Speers has not many at all compared to the rest of the province
Can we guarantee how well Speers 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.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
When we look at the data we have, it can help with trying to establish whether or not Speers is a good investment target.
Over the last three months in Speers, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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