The average price in the Cross River region has had a strong decrease in recent months. There has been a strong deflation in the prices in this region.
The price per m² in Cross River has risen considerably in the last 6 months. During October, the average price per m² was ₦ 7,574. In November the price pretty much stayed the same at ₦ 7,574 per m². The price per m² for the following two months practically stayed the same, going from ₦ 7,574 to ₦ 7,406 per m². In the last two months, the price per m² has had a significant decrease of 0 %. This has been obtained by comparing the price of ₦ 7,490 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).
Based upon to the price in Cross River(region), this has decreased considerably in the last 6 months. In the first month sample October the average price is ₦ 3,514,286. In November the price was the same at ₦ 3,514,286. In the following two months the average price didn't change much compared to the previous two going from ₦ 3,514,286 to ₦ 3,436,309.5. During the last two months the price has had a considerable reduction of 0 % with respect to the previous four months going from ₦ 3,475,297.75 a .