The rent prices in real estate in Kitimat, in the British Columbia 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 Kitimat has had a strong fall during the last 6 months. In October, the average price per sq.feet was $3.97. In November this price barely changed remaining at $3.97 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 53 with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $3.03 to $3 during February y March
When referring to the price in Kitimat (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $3,354. In November This price remains at $3,354. During the following two months (December, January) the average price fell 89 % 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 $3,168.25 and $3,015 between February and March.
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 $2,715 they are 70 % more affordable than the average price for Kitimat . The properties with the lowest average price have 3 bedrooms, Their price is 67 % more affordable than the average. After that we have properties with 1 bedroom priced at $807.
According to average price per property type in Kitimat, "" priced at $807 is 70 % lower than the average price ($2,715) in this city.