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.
Zealandia Home Price
Zealandia was Canada’s 4849th most expensive suburb by listed median house price this month.
In May the median listed house price of $90,250 in Zealandia was relatively low compared to the rest of Saskatchewan.
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
The number of homes for sale this month in the neighbourhood has increased substantially at 361 in May .
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Zealandia will hopefully provide an indicator to help you where to research in-depth
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.
It’s never an exact art, but to try to forecast how property is going to appreciate in Zealandia 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 Zealandia have stayed pretty much the same which would tend to indicate that demand is steady.
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