The rent prices in real estate in Barrhead, in the Alberta region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Barrhead has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2.18. In December this price barely changed remaining at $2.18 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 46 with regard to the previous two months. The price per sq.feet has had a considerable fall of 31 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1.59 to $0.5 during March, and April.
When referring to the price in Barrhead (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $817. In December This price remains at $817. During the following two months (January, February) the price has had an average rise from $817 to $869. During the last two months the average price has fallen greatly compared to the previous four going from $843 to $443.5, which means a 53 % fall.