The rent prices in real estate in Mount Forest, 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 Mount Forest has had a strong fall during the last 6 months. In November, the average price per sq.feet was $3. In December this price barely changed remaining at $3.06 per sq.feet. The price for the following two months in (January, February) fell 91 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 41 % 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 $2.9 to $1.17 during March, and April.
When referring to the price in Mount Forest (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $1,578. In December This price remains at $1,616. During the following two months (January, February) the average price had a considerable rise of 120 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,757.75 to $1,014.5, which means a 58 % fall.