The prices in real estate in Mississauga, 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 Mississauga has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $517. In November this price pretty much remained the same at a value of $525 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $521 to $544.5 per sq.feet. The price per sq.feet has had a considerable deflation of 49 % 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 $532.75 to $262.5 during February, and March.
Based upon to the price in Mississauga (cities), this has fallen considerably in the last 6 months. The price in October is $805,696, rising in November till $898,050. In the following two months the average price has remained the same with regard to the previous two months from $851,873 to $856,358. During the last two months the average price has had a strong fall compared to the previous four going from $854,115.5 to $350,263.5, which means a 41 % fall.