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.
Johnstons River Home Price
With a median listing price of $147,500, Johnstons River is Canada’s 3652th most expensive when ordered by median listing price.
While the median for Prince Edward Island is $179,500 , which means that Johnstons River’s median price is $147,500 a lot lower than the rest of the province.
According to our stats, Johnstons River is the neighbourhood that has the 149th most properties available to real estate investors in Prince Edward Island.
Can we guarantee how well Johnstons River is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
In Johnstons River, 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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