The rent prices in real estate in Deneysville, in the Free State 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 m² in Deneysville has had a strong fall during the last 6 months. In November, the average price per m² was R 595. In the following month the price per m² fell considerably to R 10. The price for the following two months in (January, February) had a considerable fall of 1 with regard to the previous two months. The price per m² has had a considerable rise of 387 % 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 R 153,5 to R 594,5 during March, and April.
When referring to the price in Deneysville (cities & towns), this has fallen in the last 6 months. The average price during our first sample month during November, is R 10 201. During December the price went through a considerable rise reaching R 12 010. During the following two months (January, February) the average price had a considerable fall of 67 % 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 increased 110 % during the last two months.