The prices in real estate in Thompson, in the Manitoba region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Thompson has fallen in the last 6 months. In October, the average price per sq.feet was $154. In the following month the price per sq.feet increased considerably to $216. The price for the following two months in (December, January) had a considerable decrease of 69 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 64 % 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 $156.25 to $99.5 during February, and March.
Based upon to the price in Thompson (cities), these have remained the same in the last 6 months. The average price during our first sample month during October, is $168,333. During November the price went through a considerable rise reaching $274,475. During the following two months (December, January) the average price had a considerable reduction of 72 % 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 $190,871.75 to $123,876, which means a 65 % fall.