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.
Wynyard Home Price
Canada’s national median home listing price this month is $290,900, which means that Wynyard is in the bottom 40% for Canada.
Wynyard, Saskatchewan has a median house price of $141,500 when compiling all the home listings in Aug .
Wynyard’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
Across Saskatchewan Wynyard has the 32th most properties on offer with 357.
It’s never an exact art, but to try to forecast how property is going to appreciate in Wynyard for investors, it’s important to look at data like:
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Wynyard have increased which would tend to indicate that demand is not as high as supply.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Wynyard will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Wynyard 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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