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12 Feb 2026 1:11
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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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     10 Feb: The Energy Minister's now claiming the money gathered to pay for building a new LNG import facility - is neither a levy nor a tax on consumers
     10 Feb: It's hoped a pay dispute between Air New Zealand cabin crew and their employer is resolved soon
     Top Stories

    RUGBY RUGBY
    The selections of two young guns plucked out of wider training groups headline the first Super Rugby Wednesday team lists of 2026 More...


    BUSINESS BUSINESS
    Calls for Government intervention on power bills - with predictions of another big bump More...



     Today's News

    Rugby:
    The selections of two young guns plucked out of wider training groups headline the first Super Rugby Wednesday team lists of 2026 21:57

    Entertainment:
    KyIie Kelce is relieved that she has "no skin" in the Super Bowl this year 21:51

    Entertainment:
    Olivia Colman feels as though she is non-binary 21:21

    Politics:
    Area school teachers are heading back into pay talks - due to a disagreement between unions 21:17

    Law and Order:
    How the search for Nancy Guthrie played out as police detain a person for questioning 21:07

    Entertainment:
    Lindsey Vonn is in a "stable condition" after her frightening crash at the Winter Olympics 20:51

    Entertainment:
    Chase Infiniti is still coming to terms with fame 20:21

    Entertainment:
    ‘New Zealanders are inventive by necessity’: how the master clown Philippe Gaulier shaped NZ theatre 20:07

    Entertainment:
    Blac Chyna is taking a break from dating 19:51

    Entertainment:
    Melissa Joan Hart appreciates how being a child star set her up for life at a young age 19:21


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