The prices in real estate in Baler, in the Aurora region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Baler has had a strong decrease during the last 6 months. In November, the average price per m² was ₱ 5,967. In the following month the price per m² increased considerably to ₱ 7,833. In the following two months the price per m² has increased 114 %, going from ₱ 6,900 to ₱ 7,833 per m². The price per m² has had a considerable deflation of 0 % 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 ₱ 7,366.5 to during March, and April.
Based upon to the price in Baler (cities), these have remained the same in the last 6 months. The average price during our first sample month during November, is ₱ 11,800,000. During December the price went through a considerable rise reaching ₱ 20,243,333. During the following two months (January, February) the average price had a considerable increase of 126 % 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 ₱ 18,132,500 to , which means a 0 % fall.
