The prices in real estate in Lac La Biche, in the Alberta region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Lac La Biche has increased strongly during the last 6 months. In September, the average price per sq.feet was $235. In the following month the price per sq.feet increased considerably to $14,815. The price for the following two months in (November, December) had a considerable increment of 168 %. The price per sq.feet has had a considerable deflation of 2 % 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 $10,074.75 to $232.5 during January, and February.
Based upon to the price in Lac La Biche (cities), this has gone up considerably in the last 6 months. The average price for September is $293,450. During October the price had a slight fall till $259,490. During the following two months (November, December) the average price had a considerable increase of 119 % 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 145 % during the last two months.