The prices in real estate in Prince Rupert, 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 Prince Rupert has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $293. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (December, January) had a considerable increment of 182 %. The price per sq.feet has increased 107 % 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 $206.75 to $221.5 during February, and March.
Based upon to the price in Prince Rupert (cities), this has fallen considerably in the last 6 months. The average price for October is $557,333. During November the price had a considerable reduction till . During the following two months (December, January) the average price had a considerable increase of 187 % 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 risen strongly 120 % during the last two months.