The prices in real estate in Grey, in the West Coast region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Grey has increased strongly during the last 6 months. In September, the average price per m² was . In the following month the price per m² increased considerably to $3,645. The price for the following two months in (November, December) had a considerable increment of 213 %. The price per m² 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 m² of $2,851.75 to during January, and February.
Based upon to the price in Grey (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is . During October the price went through a considerable rise reaching $521,000. During the following two months (November, December) the average price had a considerable increase of 194 % 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 $383,250 to , which means a 0 % fall.