The rent prices in real estate in Louis Trichardt, in the Limpopo region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Louis Trichardt has risen strongly during the last 6 months. In October, the average price per m² was R 31,47. In the following month the price per m² fell considerably to R 18. The price for the following two months in (December, January) had a considerable rise of 3984 %. The price per m² has had a considerable fall of 6 % 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 505,12 to R 32 during February, and March.
When referring to the price in Louis Trichardt (cities & towns), this has risen considerably in the last 6 months. The average price during our first sample month during October, is R 2 475. During November the price went through a considerable rise reaching R 3 363. During the following two months (December, January) the average price had a considerable rise of 160 % 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 512 % during the last two months.