The rent prices in real estate in Vaughan, in the Ontario 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 Vaughan has risen strongly during the last 6 months. In November, the average price per sq.feet was $2.62. In December this price barely changed remaining at $2.53 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 721 %. The price per sq.feet has had a considerable fall of 27 % 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 $10.57 to $2.9 during March, and April.
When referring to the price in Vaughan (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $2,873. In December This price remains at $2,773. In the following two months the average price has hardly changed with regard to the previous two months from $2,823 to $2,886. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $2,854.5 to $2,674.5 in March and April.
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 $2,757 they are 15 % more affordable than the average price for Vaughan . The properties with the highest average price have 4 bedrooms, Their price is 57 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,483.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.6 / sq.feet, with an average $3.17 / sq.feet price in Vaughan. The properties with the most expensive average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.62 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,757 it is 6 % more affordable than the average price in Vaughan. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $3,152 it is 42 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.86 / sq.feet followed by "House" priced at $3.3 / sq.feet. "House" is the most expensive type of property with a $3.3 / sq.feet value followed by "Condo" with an average price of $1.86 / sq.feet.