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.
Gaspereaux Home Price
Across the country as a whole, Gaspereaux is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
Gaspereaux, Prince Edward Island has a median house price of $179,000 when compiling all the home listings in Aug .
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
There are 218 neighbourhoods that have more properties on sale than Gaspereaux at the moment in Prince Edward Island which puts the neighbourhood top 40% when looking at the number of properties to choose from.
Prince Edward Island 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.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
When we look at the data we have, it can help with trying to establish whether or not Gaspereaux is a good investment target.
In Gaspereaux, 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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