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.
Dromore Home Price
With a median listing price of $182,450, Dromore is Canada’s 3230th most expensive when ordered by median listing price.
When our research team crunched the numbers we calculated that Dromore has a median home price of $182,450.
This month we track 140th neighbourhoods in Prince Edward Island, and Dromore has the 140th most choice available for real estate investors.
Is Dromore a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Dromore will hopefully provide an indicator to help you where to research in-depth
In Dromore, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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