The prices in real estate in Mille-isles, in the Quebec region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Mille-isles has fallen in the last 6 months. In November, the average price per sq.feet was $919. In the following month the price per sq.feet increased considerably to $1,174. The price for the following two months in (January, February) decreased 88 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 67 % 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 $983 to $657 during March, and April.
Based upon to the price in Mille-isles (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $706,625. In December This price remains at $706,333. During the following two months (January, February) the average price had a considerable increase of 125 % 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 gone up 107 % during the last two months.