The rent prices in real estate in Trece Martires, in the Cavite 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 Trece Martires has had a strong fall during the last 6 months. In September, the average price per m² was ₱ 626.69. In the following month the price per m² fell considerably to ₱ 488.89. The price for the following two months in (November, December) had a considerable fall of 50 with regard to the previous two months. The price per m² has had a considerable rise of 143 % 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 ₱ 418.89 to ₱ 600 during January, and February.
When referring to the price in Trece Martires (cities), this has risen in the last 6 months. In our first sample month during September, the average price is ₱ 450,000. In October This price remains at ₱ 459,028. During the following two months (November, December) the average price had a considerable fall of 83 % 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 149 % during the last two months.