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20 Sep 2021 23:51
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  •   Home > News > Business

    Rents are rising again -- particularly in regional New Zealand

    Rents are rising again -- particularly in regional New Zealand


    Trade Me's latest price Index shows national median weekly rent hit a new record of 545-dollars in June -- up seven-percent on a year ago.

    Rents rose faster outside the main centres -- with the median increasing 16.3 percent in Hawke's Bay, 15.9 percent in Manawatu-Whanganui, and more than 11 percent in Northland.

    It's the highest it's ever been in Taranaki, Manawatu-Whanganui and Gisborne.

    © 2021 Newstalk ZB, NZCity

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