The rent prices in real estate in Edmonton, in the Alberta region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Edmonton has risen strongly during the last 6 months. In July, the average price per sq.feet was $482.21. In the following month the price per sq.feet fell to $411.33. The price for the following two months in (September, October) had a considerable rise of 118 %. The price per sq.feet has had a considerable rise of 142 % 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 $485.92 to $689.38 during November, and December.
When referring to the price in Edmonton (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $1,369. In August This price remains at $1,324. In the following two months the average price has hardly changed with regard to the previous two months from $1,346.5 to $1,397. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,371.75 and $1,389.5 between November and December.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 0 % more affordable than the average price of $1,353 in Edmonton. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % more affordable than the average price of ($715.81 / sq.feet) in Edmonton. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % more affordable than the average value aforementioned.
With regard to the average price based upon the property in Edmonton we can see that the most affordable property type is "House" at a price of $1,353, they are 0 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 0 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $715.81 / sq.feet. "House" with an average price of $715.81 / sq.feet has the most affordable price and would be directed at less affluent cities.