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.
Cornwall Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Cornwall is number 2657 putting it in the bottom half of the country .
Want a cheaply priced house? Then at $214,450 this month, Cornwall, Prince Edward Island is probably not for you price wise.
If you’re looking at investment properties in Cornwall, then you’re most likely to find homes with 3 bedrooms on sale this month.
From our data, it appears that neighbourhood is number 870th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.
Can we guarantee how well Cornwall is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
In Cornwall, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
Want a cheaply priced house? Then at $339,600 this month, Cornwall, Prince Edward Island is probably not for you price wise.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
According to our stats, Cornwall is the neighbourhood that has the 4th most properties available to real estate investors in Prince Edward Island.
When we look at the data we have, it can help with trying to establish whether or not Cornwall is a good investment target.
Over the last three months in Cornwall, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
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