The prices in real estate in Cardston, in the Alberta region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Cardston has increased strongly during the last 6 months. In September, the average price per sq.feet was $215. In the following month the price per sq.feet increased considerably to $3,664. In the following two months the price per sq.feet has increased 111 %, going from $1,939.5 to $2,161.5 per sq.feet. The price per sq.feet has had a considerable deflation of 12 % 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 $2,050.5 to $237.5 during January, and February.
Based upon to the price in Cardston (cities), this has fallen considerably in the last 6 months. The average price for September is $438,971. During October the price had a slight fall till $390,867. During the following two months (November, December) the average price had a considerable reduction of 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 $383,083.25 to $288,991, which means a 75 % fall.