The prices in real estate in Islamabad, in the Islamabad Capital Territory 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 sq.feet in Islamabad has had a strong decrease during the last 6 months. In March, the average price per sq.feet was Rs. 1,027. In the following month the price per sq.feet increased considerably to Rs. 1,376. In the following two months the price per sq.feet has barely changed, going from Rs. 1,201.5 to Rs. 1,250.5 per sq.feet. The price per sq.feet 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 sq.feet of Rs. 1,226 to during July, and August.
Based upon to the price in Islamabad (cities), this has fallen considerably in the last 6 months. In our first sample month during March, the average price is Rs. 1.67 crores. In April This price remains at Rs. 1.61 crores. In the following two months the average price has remained the same with regard to the previous two months from Rs. 1.64 crores to Rs. 1.58 crores. During the last two months the average price has had a strong fall compared to the previous four going from Rs. 1.61 crores to , which means a 0 % fall.