The prices in real estate in Kaleden, in the British Columbia 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 Kaleden has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $561. In November this price pretty much remained the same at a value of $546 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 84 with regard to the prior two months. The price per sq.feet has decreased 86 % 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 $509.75 to $440.5 during February, and March.
Based upon to the price in Kaleden (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $1,211,363. In November This price remains at $1,171,100. In the following two months the average price has remained the same with regard to the previous two months from $1,191,231.5 to $1,166,689. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $1,178,960.25 to $1,022,191.5 in February and March.