The rent prices in real estate in Canaan, in the Connecticut region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Canaan has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.25. In the following month the price per sq.feet rose considerably to $44. The price for the following two months in (December, January) had a considerable rise of 218 %. The price per sq.feet has had a considerable fall of 4 % 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 $36.81 to $1.5 during February, and March.
When referring to the price in Canaan (cities), this has risen in the last 6 months. The average price for October is $2,850. During November the price had a slight fall till $2,461. During the following two months (December, January) the average price had a considerable rise of 116 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 126 % during the last two months.