The rent prices in real estate in Sydney, in the Nova Scotia region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Sydney has risen strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1. The price for the following two months in (December, January) had a considerable rise of 355 %. The price per sq.feet has had a considerable rise of 165 % 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 $1.14 to $1.88 during February, and March.
When referring to the price in Sydney (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,163. In November This price remains at $1,206. In the following two months the average price has hardly changed with regard to the previous two months from $1,184.5 to $1,165.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $1,175 to $1,036.5 in February and March.