The rent prices in real estate in Port 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 Port Hope has had a strong fall during the last 6 months. In November, the average price per sq.feet was $0.77. In the following month the price per sq.feet fell considerably to . The price for the following two months in (January, February) had a considerable fall of 31 with regard to the previous two months. The price per sq.feet has had a considerable fall of 24 % 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 $0.25 to $0.06 during March, and April.
When referring to the price in Port Hope (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is $874. During December the price went through a considerable rise reaching $1,856. During the following two months (January, February) the average price had a considerable fall of 7 % 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 $732.5 to $268.5, which means a 37 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most expensive ones. At a price of $437 they are 373 % more expensive than the average price for Port Hope. Following this ranking we find those properties with 1 at an average price of $2,077. The properties with the highest average price have 1 bedroom, Their price is 375 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,068.
According to average price per property type in Port Hope, "" priced at $2,068 is 373 % more expensive than the average price ($437) in this city.