The prices in real estate in Sointula, 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 Sointula has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $596. In the following month the price per sq.feet decreased considerably to $471. In the following two months the price per sq.feet has barely changed, going from $533.5 to $509.5 per sq.feet. The price per sq.feet has had a considerable deflation of 0 % 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 $521.5 to during March, and April.
Based upon to the price in Sointula (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $619,500. In December This price remains at $630,143. During the following two months (January, February) the average price had a considerable increase of 118 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $680,927.5 to , which means a 0 % fall.