The prices in real estate in Bruderheim, in the Alberta region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Bruderheim has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $273. In the following month the price per sq.feet decreased to $250. The price for the following two months in (January, February) decreased 86 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 64 % 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 $243.5 to $155.5 during March, and April.
Based upon to the price in Bruderheim (cities), this has fallen considerably in the last 6 months. The average price for November is $357,300. During December the price had a slight fall till $333,220. During the following two months (January, February) the average price had a considerable reduction of 84 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $317,235 to $163,150, which means a 51 % fall.