Property prices for sale in Lowbanks (Ontario)

The price per sq.feet in Lowbanks has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,103. In the following month the price per sq.feet decreased to $944. The price for the following two months in (January, February) had a considerable decrease of 65 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 52 % 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 $842.25 to $435 during March, and April.

Based upon to the price in Lowbanks (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $778,500. In December This price remains at $793,666. In the following two months the average price has remained the same with regard to the previous two months from $786,083 to $811,929. During the last two months the average price has had a strong fall compared to the previous four going from $799,006 to $620,692.5, which means a 78 % fall.