The prices in real estate in Saint-paul, in the Quebec 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 Saint-paul has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,254. In the following month the price per sq.feet decreased considerably to $385. The price for the following two months in (January, February) had a considerable decrease of 53 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 69 % 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 $625.5 to $429.5 during March, and April.
Based upon to the price in Saint-paul (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $464,333. In December This price remains at $461,000. In the following two months the average price has remained the same with regard to the previous two months from $462,666.5 to $459,835.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $461,251 to $436,225 in March and April.