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.
Middleton Home Price
Last month, Middleton was Canada’s 4082th priciest – this month at number 4082 it’s gained 82 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the improvement continues.
With Middleton’s median house price at $108,700 in Jan , it is one of the cheapest neighbourhoods compared to the rest of Prince Edward Island.
This month we track 117th neighbourhoods in Prince Edward Island, and Middleton has the 117th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Middleton is a good investment target.
If you are looking at investment properties in Middleton, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
It’s never an exact art, but to try to forecast how property is going to appreciate in Middleton for investors, it’s important to look at data like:
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