The rent prices in real estate in Niverville, in the Manitoba 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 Niverville has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2.21. In the following month the price per sq.feet fell to $2.04. The price for the following two months in (January, February) had a considerable fall of 66 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 $1.76 to $1.45 during March, and April.
When referring to the price in Niverville (cities), this has risen in the last 6 months. In our first sample month during November, the average price is $1,388. In December This price remains at $1,428. During the following two months (January, February) the price has had an average rise from $1,408 to $1,491.5. Based on an analysis of the first four prices and the last two months the average price has increased 110 % during the last two months.