The prices in real estate in City Of Saint John, in the New Brunswick 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 City Of Saint John has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $4,858. In the following month the price per sq.feet increased considerably to $6,411. The price for the following two months in (December, January) had a considerable decrease of 42 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 60 % 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 $3,997 to $2,378.5 during February, and March.
Based upon to the price in City Of Saint John (cities), this has fallen considerably in the last 6 months. The average price for October is $303,875. During November the price had a slight fall till $272,167. During the following two months (December, January) the average price had a considerable reduction of 28 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 144 % during the last two months.