The average rent price in the Akwa Ibom region has had a strong fall in recent months. There has been a strong fall in the rent prices in this region.
The price per m² in Akwa Ibom has fallen considerably in the last 6 months. During October, the average price per m² was ₦ 2,033.37. The following month (November) the price had a considerable rise reaching ₦ 2,859 per m². The following two months (December, January) went through a considerable fall of 53 % in the rent price per m² with regard to the previous two. In the last two months, the price per m² has had a significant fall of 0 %. This has been obtained by comparing the price of ₦ 1,867.59 for the first four months of the sample with regard to the previous 4 months and the price of per m² for the last two months (February, March).
When referring to the price in Akwa Ibom(region), this has fallen considerably in the last 6 months. In the first month sample for October the average price is ₦ 1,089,286. During November it went through a strong rise reaching ₦ 1,386,855 In the following two months the average price has fallen 70 % compared to the previous two. During the last two months the price has had a considerable fall of 0 % with respect to the previous four months going from ₦ 1,053,842.25 a .