The prices in real estate in Horsefly, in the British Columbia region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Horsefly has fallen in the last 6 months. In November, the average price per sq.feet was $368. In the following month the price per sq.feet increased to $417. In the following two months the price per sq.feet has barely changed, going from $392.5 to $387 per sq.feet. The price per sq.feet has had a considerable deflation of 66 % 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 $389.75 to $257 during March, and April.
Based upon to the price in Horsefly (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $654,248. During December the price went through a considerable rise reaching $952,665. During the following two months (January, February) the average price had a considerable increase of 123 % 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 $893,946.5 to $418,560, which means a 47 % fall.