The prices in real estate in Highfield, in the Canterbury region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Highfield has remained the same in the last 6 months. In November, the average price per m² was $4,658. In the following month the price per m² increased to $5,025. In the following two months the price per m² has barely changed, going from $4,841.5 to $5,042 per m². The price per m² has decreased 90 % 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 $4,941.75 to $4,450.5 during March, and April.
Based upon to the price in Highfield (suburbs), this has gone downing the last 6 months. In our first sample month during November, the average price is $732,750. In December This price remains at $749,417. During the following two months (January, February) the average price fell 88 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $697,865.25 to $653,922 in March and April.