The rent prices in real estate in Rochester, in the Alberta 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 Rochester has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.98. In the following month the price per sq.feet fell considerably to $1.55. The price for the following two months in (January, February) had a considerable fall of 76 with regard to the previous two months. The price per sq.feet has had a considerable fall of 49 % 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 $1.56 to $0.76 during March, and April.
When referring to the price in Rochester (cities), this has fallen considerably in the last 6 months. The average price for November is $1,810. During December the price had a slight fall till $1,625. During the following two months (January, February) the average price had a considerable fall of 73 % 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 $1,482.75 to $575, which means a 39 % fall.