The rent prices in real estate in Regina, in the Saskatchewan region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Regina has barely changed in the last 6 months. In September, the average price per sq.feet was $278.13. In the following month the price per sq.feet rose considerably to $324.17. The price for the following two months in (November, December) had a considerable rise of 118 %. The price per sq.feet has had a considerable fall of 46 % 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 $328.45 to $150.94 during January, and February.
When referring to the price in Regina (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $1,189. In October This price remains at $1,229. In the following two months the average price has hardly changed with regard to the previous two months from $1,209 to $1,159.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $1,184.25 to $1,101 in January and February.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,078 they are 8 % more affordable than the average price for Regina . The properties with the highest average price have 4 bedrooms, Their price is 49 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,495.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.33 / sq.feet, with an average $174.18 / sq.feet price in Regina. The properties with the most affordable average prices have 1 bedroom. They are 99 % more affordable than the average followed by properties with 3 bedrooms with a price at $1.41 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,078 it is 9 % more affordable than the average price in Regina. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "House". At a price of $976 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.45 / sq.feet followed by "Apartment" priced at $127 / sq.feet. "Apartment" is the most affordable type of property with a $127 / sq.feet value followed by "House" with an average price of $1.45 / sq.feet.