The prices in real estate in Bécancour, in the Quebec 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 Bécancour has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $316. In the following month the price per sq.feet increased to $342. The price for the following two months in (January, February) decreased 93 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 42 % 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 $317.75 to $135 during March, and April.
Based upon to the price in Bécancour (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $428,083. In December This price remains at $432,917. During the following two months (January, February) the average price fell 85 % 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 $398,595.75 to $138,816.5, which means a 35 % fall.