News | Business
7 Feb 2026 1:33
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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

     Other Business News
     06 Feb: A property manager says the numbers of students looking for flats is lower than previous years
     06 Feb: More New Zealanders appear to be opting for a city-break this Waitangi weekend
     06 Feb: Why corporate America is mostly staying quiet as federal immigration agents show up at its doors
     06 Feb: Auckland's train network is shutting down again this weekend - only eight days after fully reopening for the new year
     05 Feb: A 53-year-old man's been arrested and charged in relation to a suspicious fire at a commercial premises on Oruanui Street in Taupo's CBD on Tuesday night
     05 Feb: The housing market is currently favouring buyers - but that may not last
     05 Feb: House prices are expected to rise as the year goes on - on the back of increased sales activity
     Top Stories

    RUGBY RUGBY
    Mark Robinson has closed his New Zealand Rugby chapter as he nears the beginning of his new gig with World Rugby More...


    BUSINESS BUSINESS
    A property manager says the numbers of students looking for flats is lower than previous years More...



     Today's News

    Accident and Emergency:
    Coastguard Thames says it was alerted to a report of a capsized vessel and two people in the water off Tararu Beach, at around 11.45am 21:57

    Entertainment:
    Ray Romano has been cast in a new "aspirational family drama" 21:31

    Rugby:
    Mark Robinson has closed his New Zealand Rugby chapter as he nears the beginning of his new gig with World Rugby 21:17

    Politics:
    Indonesia's government directs education funds to meals program as teachers struggle on low wages 21:07

    Entertainment:
    Ricky Martin has paid a glowing tribute to Bad Bunny following his Grammy success 21:01

    Entertainment:
    Jesy Nelson's experience of motherhood has been "so full-on" 20:31

    Entertainment:
    Drew Barrymore feels "grossed out" by the idea of dating a man in his 20s 20:01

    Entertainment:
    Ellen DeGeneres is "missing the California weather" 19:31

    Entertainment:
    Flavor Flav is planning to launch a "bigger and better" reality TV show 19:01

    Cricket:
    Black Caps pace-bowling all-rounder Nathan Smith is favouring a domestic T20 cricket refresh as a decision on the future of the Super Smash looms 18:57


     News Search






    Power Search


    © 2026 New Zealand City Ltd