The prices in real estate in Diamond Harbour, in the Canterbury 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 m² in Diamond Harbour has fallen in the last 6 months. In November, the average price per m² was $3,695. In the following month the price per m² increased considerably to $5,475. 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 m² has had a considerable deflation of 84 % 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 m² of $3,504.25 to $2,934 during March, and April.
Based upon to the price in Diamond Harbour (suburbs), this has fallen considerably in the last 6 months. The price in November is $762,444, rising in December till $843,600. During the following two months (January, February) the average price had a considerable reduction of 44 % 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 $577,677.75 to $322,833.5, which means a 56 % fall.