The prices in real estate in Victoriaville, 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 Victoriaville has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $472. In November this price pretty much remained the same at a value of $466 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $469 to $455 per sq.feet. The price per sq.feet has had a considerable deflation of 61 % 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 $462 to $280 during February, and March.
Based upon to the price in Victoriaville (cities), this has gone downing the last 6 months. The price in October is $167,216, rising in November till $183,316. During the following two months (December, January) the price has had an average incrementation from $175,266 to $187,976.5. During the last two months the average price has had a strong fall compared to the previous four going from $181,621.25 to $92,956, which means a 51 % fall.