Property prices for rent in Memphrémagog (Quebec)
The rent prices in real estate in Memphrémagog, in the Quebec 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 Memphrémagog has had a strong fall during the last 6 months. In November, the average price per sq.feet was $96. In the following month the price per sq.feet fell considerably to $2.44. The price for the following two months in (January, February) had a considerable fall of 2 with regard to the previous two months. The price per sq.feet has had a considerable rise of 349 % 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 $25.05 to $87.5 during March, and April.
When referring to the price in Memphrémagog (cities), this has fallen in the last 6 months. The average price during our first sample month during November, is $1,500. During December the price went through a considerable rise reaching $2,167. During the following two months (January, February) the average price had a considerable fall of 48 % 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 112 % during the last two months.
