The prices in real estate in Pemberton, in the British Columbia 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 Pemberton has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,002. In the following month the price per sq.feet decreased to $859. The price for the following two months in (December, January) decreased 87 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 84 % 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 $872.25 to $731 during February, and March.
Based upon to the price in Pemberton (cities), this has fallen considerably in the last 6 months. The average price for October is $2,261,376. During November the price had a considerable reduction till $1,784,876. During the following two months (December, January) the average price fell 92 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $1,946,259 to $1,729,799.5 in February and March.