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.
Hazelbrook Home Price
The median asking price in Hazelbrook is $108,950, quite a drop from the median three months ago which was $102,450 .
With Hazelbrook’s median house price at $108,950 in Aug , it is below average compared to the rest of Prince Edward Island.
Is Hazelbrook a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Hazelbrook there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Hazelbrook will hopefully provide an indicator to help you where to research in-depth
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