The rent prices in real estate in Laval, in the Quebec region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Laval has fallen during the last 6 months. In July, the average price per sq.feet was $1.9. In August this price barely changed remaining at $1.82 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.86 to $1.81 per sq.feet. 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 $1.84 to $1.73 during November, and December.
When referring to the price in Laval (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $1,703. In August This price remains at $1,747. In the following two months the average price has hardly changed with regard to the previous two months from $1,725 to $1,779. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $1,752 to $1,630 in November and December.
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 $1,589 they are 15 % more affordable than the average price for Laval . The properties with the highest average price have 4 bedrooms, Their price is 43 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,987.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.68 / sq.feet, with an average $1.75 / sq.feet price in Laval. The properties with the most expensive average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.03 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $1,589 it is 31 % more expensive than the average price in Laval. "Condo" is seen as the second most expensive property type. The most expensive property type is "Condo" followed by "". At a price of $2,077 it is 43 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Condo with an average cost of $2 / sq.feet. "Condo" at an average price of $2 / sq.feet has the highest price and would be directed at more affluent cities.