The rent prices in real estate in Purchase, in the New York region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Purchase has had a strong fall during the last 6 months. In December, the average price per sq.feet was $93.01. In the following month the price per sq.feet rose considerably to $155.77. The price for the following two months in (February, March) had a considerable fall of 17 with regard to the previous two months. The price per sq.feet has had a considerable fall of 44 % 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 $72.69 to $32 during April, and May.
When referring to the price in Purchase (cities), this has fallen considerably in the last 6 months. The rent price in December is $8,467, rising in January till $9,567. During the following two months (February, March) the average price had a considerable fall of 55 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $6,997 to $3,239, which means a 46 % fall.