The rent prices in real estate in New Hamburg, in the Ontario region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in New Hamburg has fallen during the last 6 months. In October, the average price per sq.feet was $3.6. In November this price barely changed remaining at $3.51 per sq.feet. The price for the following two months in (December, January) fell 92 % with regard to the previous two months. The price per sq.feet has fallen 93 % 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 $3.41 to $3.15 during February, and March.
When referring to the price in New Hamburg (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $1,798. In November This price remains at $1,839. During the following two months (December, January) the price has had an average rise from $1,818.5 to $1,922.5. 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 $1,870.5 and $1,924 between February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 11 % more affordable than the average price of $1,632 in New Hamburg. Based on the bedrooms values, properties with the most expensive rent prices are those with 2 bedrooms. They are 12 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 21 % more affordable than the average price of ($2.51 / sq.feet) in New Hamburg. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 21 % more expensive than the average value aforementioned.