The rent prices in real estate in Newcastle, 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 Newcastle has had a strong fall during the last 6 months. In October, the average price per sq.feet was $3.53. In the following month the price per sq.feet fell considerably to $3. 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 hardly changed in the last two months compared to the average price of the previous four months going from an average price of $3.13 to $3 during February y March
When referring to the price in Newcastle (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,396. In November This price remains at $2,393. In the following two months the average price has hardly changed with regard to the previous two months from $2,394.5 to $2,393. 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 $2,393.75 and $2,393 between February and March.