The rent prices in real estate in London, in the Ontario 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 London has had a strong fall during the last 6 months. In July, the average price per sq.feet was $371.24. In the following month the price per sq.feet fell considerably to $251.79. The price for the following two months in (September, October) had a considerable fall of 84 with regard to the previous two months. The price per sq.feet has had a considerable rise of 124 % 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 $286.3 to $356.01 during November, and December.
When referring to the price in London (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $1,278. In August This price remains at $1,235. During the following two months (September, October) the price has had an average rise from $1,256.5 to $1,325. 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 $1,290.75 and $1,344.5 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 $1,377 in London. 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 ($389.1 / sq.feet) in London. 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.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,377 it is 25 % more affordable than the average price in London. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $1,030 it is 0 % more affordable than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $389.1 / sq.feet. "House" with an average price of $389.1 / sq.feet has the most affordable price and would be directed at less affluent cities.