The rent prices in real estate in Quebec City, in the Quebec 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 Quebec City has had a strong fall during the last 6 months. In October, the average price per sq.feet was $492.31. In the following month the price per sq.feet fell considerably to $251.99. The price for the following two months in (December, January) had a considerable fall of 72 with regard to the previous two months. The price per sq.feet has had a considerable fall of 38 % 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 $320.29 to $121.52 during February, and March.
When referring to the price in Quebec City (cities), this has fallen considerably in the last 6 months. The average price for October is $1,340. During November the price had a slight fall till $1,183. During the following two months (December, January) the average price fell 87 % 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 $1,179.75 to $534.5, which means a 45 % fall.