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.
New Haven Home Price
Canada’s national median home listing price this month is $290,900, which means that New Haven is close to average for Canada.
With New Haven’s median house price at $197,750 in Aug , it is about average compared to the rest of Prince Edward Island.
Can we guarantee how well New Haven 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.
In New Haven, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
When we look at the data we have, it can help with trying to establish whether or not New Haven is a good investment target.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”
Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.
© 2021 Canadian Estate Wealth. All Rights Reserved by Merged Media