The rent prices in real estate in Bedford, in the Nova Scotia 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 Bedford has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.27. In the following month the price per sq.feet fell considerably to $1.07. The price for the following two months in (December, January) fell 92 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 59 % 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 $1.12 to $0.67 during February, and March.
When referring to the price in Bedford (cities), this has fallen in the last 6 months. The rent price in October is $970, rising in November till $1,077. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $993.25 to $663.5, which means a 67 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $759 they are 20 % more affordable than the average price for Bedford . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 46 % more expensive than the average aforementioned.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.56 / sq.feet, with an average $0.79 / sq.feet price in Bedford. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 56 % more expensive than the average value aforementioned.