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.
High Bank Home Price
Across the nation CREW lists data for 5398 neighbourhoods, and this month High Bank is number 3328 putting it in the bottom half of the country .
The median house price listed in High Bank this month is $179,000.
High Bank’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
From our data, it appears that neighbourhood is number 4555th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
Will prices rise across the next year in in High Bank? There are a number of real estate indicators to consider.
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 High Bank have stayed pretty much the same which would tend to indicate that demand is steady.
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.
Over the last three months in High Bank, 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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