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.
Village Green Home Price
Across the country as a whole, Village Green is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for Prince Edward Island is $179,600 , which means that Village Green’s median price is $75,500 a lot lower than the rest of the province.
From our data, it appears that neighbourhood is number 4285th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
It’s never an exact art, but to try to forecast how property is going to appreciate in Village Green for investors, it’s important to look at data like:
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
Will prices rise across the next year in in Village Green? There are a number of real estate indicators to consider.
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.
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