The rent prices in real estate in Ekurhuleni, in the Gauteng 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 Ekurhuleni has had a strong fall during the last 6 months. In September, the average price per m² was R 162,5. In the following month the price per m² fell considerably to . The price for the following two months in (November, December) had a considerable rise of 200 %. The price per m² has had a considerable rise of 133 % 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 121,88 to R 162,5 during January, and February.
When referring to the price in Ekurhuleni (cities & towns), this has fallen considerably in the last 6 months. The average price for September is R 18 250. During October the price had a considerable fall till . During the following two months (November, December) the average price had a considerable rise of 200 % 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 had a strong increase of 133 % during the last two months.