The rent prices in real estate in Inanda, in the Kwazulu-natal 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 Inanda has had a strong fall during the last 6 months. In November, the average price per m² was R 145. In the following month the price per m² rose considerably to R 196,43. In the following two months the price per m² has practically remained the same, going from R 170,71 to R 170,71 per m². The price per m² has had a considerable fall 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 R 170,71 to during March, and April.
When referring to the price in Inanda (cities & towns), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is R 12 587. During December the price went through a considerable rise reaching R 16 500. In the following two months the average price has hardly changed with regard to the previous two months from R 14 543,5 to R 14 543,5. During the last two months the average price has fallen greatly compared to the previous four going from R 14 543,5 to , which means a 0 % fall.