The prices in real estate in Kawartha Lakes, 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 Kawartha Lakes has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $473,111. In the following month the price per sq.feet increased to $504,616. The price for the following two months in (December, January) had a considerable decrease of 54 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 3 % 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 $377,368 to $10,181.5 during February, and March.
Based upon to the price in Kawartha Lakes (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $897,340. In November This price remains at $910,530. In the following two months the average price has remained the same with regard to the previous two months from $903,935 to $904,188. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $904,061.5 and $860,765 between February and March.