The rent prices in real estate in Elora, in the Ontario region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Elora has barely changed in the last 6 months. In November, the average price per sq.feet was $3.54. In December this price barely changed remaining at $3.54 per sq.feet. In the following two months the price per sq.feet has risen 113 %, going from $3.54 to $4 per sq.feet. The price per sq.feet has had a considerable fall of 80 % 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 $3.77 to $3 during March, and April.
When referring to the price in Elora (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $2,319. In December This price remains at $2,319. During the following two months (January, February) the average price fell 85 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.