The rent prices in real estate in Halifax, in the Nova Scotia region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Halifax has risen during the last 6 months. In September, the average price per sq.feet was $840.11. In the following month the price per sq.feet rose considerably to $1,012.17. The price for the following two months in (November, December) fell 93 % with regard to the previous two months. The price per sq.feet has fallen 94 % 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 $895.27 to $839.95 during January, and February.
When referring to the price in Halifax (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $1,600. In October This price remains at $1,618. During the following two months (November, December) the average price fell 94 % with regard to the previous two months. 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 $1,563.75 and $1,512 between January and February.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,536 they are 24 % more affordable than the average price for Halifax . The properties with the highest average price have 3 bedrooms, Their price is 21 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,486.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.5 / sq.feet, with an average $831.59 / sq.feet price in Halifax. The properties with the most expensive average prices have 4 bedrooms. They are 2 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.94 / sq.feet.
With regard to the average price based upon the property in Halifax we can see that the most affordable property type is "House" at a price of $1,486, they are 3 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 3 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $847 / sq.feet. "House" at an average price of $847 / sq.feet has the highest price and would be directed at more affluent cities.