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.
Turtleford Home Price
The median asking price in Turtleford is $248,000, pretty close to the median three months ago which was $169,900 .
When our research team crunched the numbers we calculated that Turtleford has a median home price of $248,000.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 4.
Will prices rise across the next year in in Turtleford? 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 Turtleford, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 7, this month we show 9.
Is Turtleford a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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.
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