The average rent price in the Newfoundland And Labrador region has remained at pretty much the same value in recent months. Rent prices in this region have remained pretty much the same.
The price per sq.feet in Newfoundland And Labrador has barely changed in the last 6 months. During April, the average price per sq.feet was $1.34. In May the price barely changed remaining at $1.32 per sq.feet. The price per sq.feet for the following two months barely changed going from $1.33 to $1.34 per sq.feet. In the last two months, the price per sq.feet has fallen 94 %. This has been obtained by comparing the price $1.34 for the first four months of the sample with regard to the previous 4 months and the price $1.25 per sq.feet for the last two months (August, September).
When referring to the price in Newfoundland And Labrador (region), this has fallen in the last 6 months. April has an average price of $1,499. During Maythe price had a slight fall till $1,424. In the following two months the average price practically remained the same compared to the previous two going from $1,461.5 to $1,450. During the last two months the price has had a considerable fall of 80 % with respect to the previous four months going from $1,455.75 a $1,163.
The graph displaying the the average rent price per number of bedrooms shows that those with 3 bedrooms are the most expensive ones. They are 107 % more costly than the average price in Newfoundland And Labrador followed by those properties with 1 with an average price of $2,017. The most expensive properties have 2 bedrooms. They are 171 % more expensive than the average followed by those properties with 4 bedrooms priced at $2,335.
Based on the average price per sq.feet those properties with 2 bedrooms are the most affordable ones with a price of $1 / sq.feet being $1.05 / sq.feet the average for Newfoundland And Labrador. The properties with the highest average price are those with 1 bedroom. These are 90 % more expensive than the average followed by those with 2 bedrooms with a price of $1 / sq.feet.
The graph displaying the average rent price according to the property type shows "Condo" as the most expensive one. With an average cost of $873 it is 38 % more costly than the average in Newfoundland And Labrador. This is followed by "Office" with a cost of $1,215. The most expensive property type is "Land" and is 144 % more costly than the average, followed by "House" with a cost of $1,303.
Based upon the average cost per sq.feet the most affordable property type is "House with a an average price of $1 / sq.feet, followed by "Apartment" with a price of $835 / sq.feet. "Office" with an average price of $876 / sq.feet is the most expensive type of property followed by "Condo" at a price of $871 / sq.feet.