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.
Victoire Home Price
Last month, Victoire was Canada’s 3223th priciest – this month at number 3223 it’s dropped -673 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the deterioration continues.
The $174,900 price tag on the median Victoire home means that it is below the national norm.
This month we track 276th neighbourhoods in Saskatchewan, and Victoire has the 276th most choice available for real estate investors.
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.
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 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Victoire there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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