Property prices for sale in Hornby (Canterbury)
The prices in real estate in Hornby, 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 Hornby has fallen in the last 6 months. In October, the average price per m² was $4,594. In the following month the price per m² decreased considerably to $3,858. The price for the following two months in (December, January) had a considerable increment of 134 %. The price per m² has had a considerable deflation of 65 % 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 $4,950.75 to $3,209.5 during February, and March.
Based upon to the price in Hornby (suburbs), this has gone downing the last 6 months. The average price for October is $474,783. During November the price had a slight fall till $438,210. During the following two months (December, January) the average price had a considerable increase of 116 % 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 $493,350.25 to $308,500, which means a 63 % fall.
