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.
Sherbrooke Home Price
Across the nation CREW lists data for 5162 neighbourhoods, and this month Sherbrooke is number 4514 putting it behind most of Canada .
While the median for Prince Edward Island is $179,600 , which means that Sherbrooke’s median price is $114,900 a lot lower than the rest of the province.
Will prices rise across the next year in in Sherbrooke? 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 Sherbrooke have stayed pretty much the same which would tend to indicate that demand is steady.
Over the last three months in Sherbrooke, 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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