The prices in real estate in Holland Centre, in the Ontario 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 Holland Centre has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $643. In December this price pretty much remained the same at a value of $643 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 41 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 59 % 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 $454.75 to $266.5 during March, and April.
Based upon to the price in Holland Centre (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $1,007,667. In December This price remains at $1,007,667. During the following two months (January, February) the average price had a considerable reduction of 40 % 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 $704,575.25 to $401,483.5, which means a 57 % fall.