The prices in real estate in Midland, 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 Midland has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $59,335. In the following month the price per sq.feet decreased considerably to $733. The price for the following two months in (January, February) had a considerable increment of 170 %. The price per sq.feet has had a considerable deflation of 0 % 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 $40,531.75 to during March, and April.
Based upon to the price in Midland (cities), this has fallen considerably in the last 6 months. The average price for November is $919,611. During December the price had a slight fall till $794,210. During the following two months (January, February) the average price had a considerable increase of 121 % 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 $947,984 to , which means a 0 % fall.