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.
Stanstead Home Price
Stanstead was Canada’s 2573th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Stanstead has a median home price of $219,000.
How big are the houses being sold in Stanstead? This month there are 2 one bedroom 10 two bedroom 32 three bedroom 19 four bedroom 8 five bedroom homes on the market.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Stanstead has a huge choice compared to the rest of the province
Will prices rise across the next year in in Stanstead? There are a number of real estate indicators to consider.
If you are looking at investment properties in Stanstead, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.
Across the country as a whole, Stanstead is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
The median house price listed in Stanstead this month is $149,000.
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.
Across Quebec Stanstead has the 137th most properties on offer with 453.
As one of Quebec’s many potential real estate investment neighbourhoods, Stanstead needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
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 Stanstead, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 10, this month we show 17.
Corresponding census subdivisions are provided for the following place names where data is not available.
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