The prices in real estate in Les Laurentides, in the Quebec 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 Les Laurentides has increased strongly during the last 6 months. In November, the average price per sq.feet was $6,037. In the following month the price per sq.feet increased considerably to $12,688. The price for the following two months in (January, February) had a considerable increment of 120 %. The price per sq.feet has had a considerable increase of 127 % 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 $10,286.75 to $13,109.5 during March, and April.
Based upon to the price in Les Laurentides (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is $372,500. During December the price went through a considerable rise reaching $481,167. During the following two months (January, February) the average price had a considerable reduction of 44 % 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 $306,729.25 to $256,917, which means a 84 % fall.