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.
Huntley Home Price
With Huntley’s median house price at $149,950 in Jun , it is below average compared to the rest of Prince Edward Island.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Jun this neighbourhood’s most common listing the same as the national average.
Across Prince Edward Island Huntley has the 113th most properties on offer with 188.
When we look at the data we have, it can help with trying to establish whether or not Huntley is a good investment target.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Huntley there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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.
In Huntley, 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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