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21 Feb 2026 7:52
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  •   Home > News > Business

    Solving all-time high median rents won't be an easy fix

    Solving all-time high median rents won't be an easy fix


    TradeMe
    TradeMe
    It comes as TradeMe's Rental Property Index shows the national median weekly rent reached a record-breaking 580 dollars in April.

    It was the second month rents jumped seven-per cent year on year, with tenants paying 40 dollars more than this time last year.

    TradeMe's Gavin Lloyd says one of the reasons that are big problems is that a lot of costs are being put into the market.

    He says the other issue is the chronic shortage of housing around the country, which has had a significant impact.

    © 2026 Newstalk ZB, NZCity

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    Hurricanes returnee Josh Moorby has celebrated his first game back in Super Rugby in style in their campaign-opening win in Wellington More...


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    Central Otago is today moving to a prohibited fire season More...



     Today's News

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    Shia LaBeouf has been arrested in New Orleans following an alleged altercation during Mardi Gras celebrations 7:47

    Business:
    Central Otago is today moving to a prohibited fire season 7:46

    Business:
    Paintings, sculptures and murals will be on display on Auckland's waterfront over the next month 7:36

    Environment:
    Hurricanes returnee Josh Moorby has celebrated his first game back in Super Rugby in style in their campaign-opening win in Wellington 7:26

    Law and Order:
    Jeffrey Epstein's estate agrees to pay up to $US35 million to settle class action 7:26

    Entertainment:
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    Law and Order:
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    Rugby League:
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    Entertainment:
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