Property prices for rent in New Brunswick region
The average rent price in the New Brunswick region has had an strong rise in recent months. There has been a strong rise in the rent prices in this region.
The price per sq.feet in New Brunswick has risen considerably in the last 6 months. During October, the average price per sq.feet was $1.63. The following month (November) the price had a considerable rise reaching $2.18 per sq.feet. The price per sq.feet for the following two months barely changed going from $1.9 to $1.99 per sq.feet. In the last two months, the price per sq.feet has had a significant fall of 85 %. This has been obtained by comparing the price of $1.95 for the first four months of the sample with regard to the previous 4 months and the price of $1.65 per sq.feet for the last two months (February, March).
When referring to the price in New Brunswick(region), this has risen considerably in the last 6 months. In the first month sample for October the average price is $1,146. During November it went through a strong rise reaching $1,482 The average price for the following two months (December, January) rose from $1,314 to $1,472. During the last two months the price has gone down 94 % compared to the previous average values going from $1,393 a $1,311 in February y March.
The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 3 % cheaper than the average price in New Brunswick followed by those with 2 with an average price of $1,460. The most expensive properties have 3 bedrooms. They are 48 % more expensive than the average followed by those properties with 4 bedrooms priced at $1,524.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $0.14 / sq.feet being $1.5 / sq.feet the average for New Brunswick. The properties with the highest average price are those with 1 bedroom. These are 84 % more expensive than the average followed by those with 2 bedrooms with a price of $2.21 / sq.feet.
The graph displaying the average rent price according to the property type shows "Land" as the most affordable one. With an average cost of $1,271 it is 37 % cheaper than the average in New Brunswick. This is followed by "Condo" with a cost of $1,023. The most expensive property type is "House" and is 0 % more costly than the average, followed by "Office" with a cost of $1,054.
Based upon the average cost per sq.feet the most affordable property type is "Land with a an average price of $0.71 / sq.feet, followed by "House" with a price of $1.74 / sq.feet. "Condo" with an average price of $594 / sq.feet is the most expensive type of property followed by "Office" at a price of $591 / sq.feet.
