The prices in real estate in Warman, in the Saskatchewan 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 Warman has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $350. In the following month the price per sq.feet decreased considerably to $246. The price for the following two months in (November, December) had a considerable decrease of 83 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 62 % 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 $272.5 to $168 during January, and February.
Based upon to the price in Warman (cities), this has fallen considerably in the last 6 months. The average price for September is $361,037. During October the price had a slight fall till $318,004. In the following two months the average price has remained the same with regard to the previous two months from $339,520.5 to $325,921. During the last two months the average price has had a strong fall compared to the previous four going from $332,720.75 to $225,953.5, which means a 68 % fall.