The rent prices in real estate in Mount Hope, 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 Hope has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2.48. In the following month the price per sq.feet fell considerably to $2. The price for the following two months in (December, January) fell 89 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 82 % 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 $2.12 to $1.74 during February, and March.
When referring to the price in Mount Hope (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $3,213. In November This price remains at $3,209. In the following two months the average price has hardly changed with regard to the previous two months from $3,211 to $3,209. 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 $3,210 and $3,104.5 between February and March.