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31 May 2025 17:10
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      Home > News > Business

    New figures show how pandemic lockdowns pushed up rents

    New figures show how pandemic lockdowns pushed up rents


    Trade Me's latest Rental Price Index reveals the weekly national median has jumped 25 percent since March 2020.

    It's reached 640 dollars.

    Property Customer Director, Gavin Lloyd, says in the intervening years, prices have moved a lot.

    He says the biggest challenge post-lockdown was lack of rental properties - in an already very tight market.

    © 2025 Newstalk ZB, NZCity

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     30 May: Community corrections staff are bargaining for a pay rise after their pay equity claim was tossed out by the Government
     30 May: Why our coffee can cost more on a weekend than during the week
     30 May: One of New Zealand's most popular used-car dealerships has experienced a 47-percent drop in profit
     30 May: Optimism in the housing market is increasing
     Top Stories

    RUGBY RUGBY
    Blues captain Patrick Tuipulotu insists his side doesn't have the inside track in the race for sixth in the Super Rugby Pacific playoffs picture More...

    BUSINESS BUSINESS
    Donald Trump announces plans to double steel tariffs to 50pc to 'further secure US steel industry' More...


     Today's News

    		 Law and Order:
    A 19-year-old man has been arrested and charged following two reports about a man's suspicious behaviour in West Auckland 16:57

     Rugby League:
    Kiwis and Newcastle Knights prop Leo Thompson's facing a month-long ban after a grade-two crusher tackle in last night's NRL loss to the St George Illawarra Dragons 16:17

     Business:
    Donald Trump announces plans to double steel tariffs to 50pc to 'further secure US steel industry' 16:07

     Rugby:
    Blues captain Patrick Tuipulotu insists his side doesn't have the inside track in the race for sixth in the Super Rugby Pacific playoffs picture 15:47

     Accident and Emergency:
    One person has died following a serious two-vehicle crash in Northland 15:17

     Golf:
    Dangerous weather and then darkness has forced an end to play, on day two of the US Women's Open golf major in Wisconsin 14:47

     Rugby League:
    Questions over the amount of money that should be thrown at rugby league halfback Nathan Cleary if he shows interest in playing rugby union in the future 14:27

     Law and Order:
    Praise for the Police response, to a night of large, violent boy racer gatherings in Levin and Palmerston North 14:17

     Politics:
    David Seymour's promising to be a bit different from the deputy prime ministers that have have come before 14:07

     Environment:
    Brett Cameron is trumpeting the benefits of the Hurricanes fielding two high-performing first five-eighths in Super Rugby Pacific 13:47

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