News | Business
6 Jul 2022 0:56
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.

    © 2022 Newstalk ZB, NZCity

     Other Business News
     05 Jul: The business community is feeling downbeat
     05 Jul: Ukraine war latest: Enormous price for Russia's 'victory', a Snake Island flag, and the cost of Ukraine's recovery
     05 Jul: A warning of tough times ahead for our economy
     05 Jul: Our Finance Minister says the Crown's books look good -- despite challenges in the global economy
     05 Jul: A clear signal for the Reserve Bank out of the latest survey on business confidence
     05 Jul: Former workers of a Dunedin bakery will finally see the total compensation owed to them
     05 Jul: Credit demand is softening, as interest rates increase
     Top Stories

    RUGBY RUGBY
    The injury and illness defections of Sam Whitelock and Tupou Vaa'i have complicated matters for the All Blacks ahead of the second test against Ireland More...


    BUSINESS BUSINESS
    The business community is feeling downbeat More...



     Today's News

    Law and Order:
    a third man has been arrested in connection with the murder of 48-year-old Mark Hohua in Whakatane 21:49

    Entertainment:
    Harry Styles feels "heartbroken" after the shooting in Copenhagen on Sunday (03.07.22) 21:38

    Politics:
    Immigration has been on our Prime Minister's agenda during her trip to Australia 21:19

    Entertainment:
    Victoria Beckham's daughter Harper mocks her Spice Girls outfits 21:08

    Entertainment:
    Adele wants to have more children 20:38

    Entertainment:
    Sharna Burgess feels like she's found "heaven" with Brian Austin Green 20:08

    Entertainment:
    Miranda Lambert is happy for her husband to go shirtless on Instagram 19:38

    International:
    Second Independence Day shooting in US, hours after gunman kills six in Chicago parade 19:19

    Entertainment:
    Alexandra Burke has given birth 19:08

    Health & Safety:
    in health news....Australian researchers say New technology could revolutionise the way doctors detect concussion, epilepsy and dementia 18:59


     News Search






    Power Search


    © 2022 New Zealand City Ltd