The rent prices in real estate in Portland, in the Victoria 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 Portland has risen strongly during the last 6 months. In September, the average price per m² was $0.58. In October this price barely changed remaining at $0.59 per m². In the following two months the price per m² has risen 107 %, going from $0.58 to $0.62 per m². The price per m² has had a considerable rise of 1107 % 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 $0.61 to $6.7 during January, and February.
When referring to the price in Portland (suburbs), this has risen considerably in the last 6 months. In our first sample month during September, the average price is $428. In October This price remains at $432. During the following two months (November, December) the price has had an average rise from $430 to $452.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 257 % during the last two months.