The rent prices in real estate in Miramichi, in the New Brunswick 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 Miramichi has had a strong fall during the last 6 months. In April, the average price per sq.feet was $348. In the following month the price per sq.feet fell considerably to $199. The price for the following two months in (June, July) had a considerable fall of 72 with regard to the previous two months. The price per sq.feet has risen 109 % 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 $235 to $255.5 during August, and September.
When referring to the price in Miramichi (cities), there have hardly been any changes in the last 6 months. The average price for April is $768. During May the price had a slight fall till $700. In the following two months the average price has hardly changed with regard to the previous two months from $734 to $753.5. Based on an analysis of the first four prices and the last two months the average price has increased 107 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 5 % more affordable than the average price of $730 in Miramichi. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 5 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 1 % more expensive than the average price of ($350 / sq.feet) in Miramichi. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 1 % more expensive than the average value aforementioned.
With regard to the average price based upon the property in Miramichi we can see that the most affordable property type is "House" at a price of $730, they are 5 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 5 % 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 $350 / sq.feet. "House" at an average price of $350 / sq.feet has the highest price and would be directed at more affluent cities.