The rent prices in real estate in Ghent, in the New York 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 Ghent has risen strongly during the last 6 months. In November, the average price per sq.feet was $2.59. In December this price barely changed remaining at $2.67 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 115 %. The price per sq.feet has had a considerable rise of 149 % 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 $2.83 to $4.22 during March, and April.
When referring to the price in Ghent (cities), this has risen considerably in the last 6 months. The average price for November is $4,853. During December the price had a considerable fall till $3,932. In the following two months the average price has hardly changed with regard to the previous two months from $4,392.5 to $4,466.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 255 % during the last two months.