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7 Jul 2025 11:44
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      Home > News > Business

    Housing is seeing record-shattering surges in rent across the board

    Housing is seeing record-shattering surges in rent across the board


    According to the latest Trade Me Rental Index, the average property saw an increase of six percent from the same time in 2020 - the biggest jump in two and a half years.

    Rents in every region have had a bump, with Hawke's Bay topping the list - seeing a rise of nearly 14 percent.

    Trade Me Property Sales Director Gavin Lloyd says supply isn't keeping up with demand so rents could continue to climb.

    © 2025 Newstalk ZB, NZCity

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