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Author John Kenel17 December 2019

Expert Opinion

Rents up 7.1% compared to November 18 (excl. Auckland)

“Demand for rentals has increased enormously year-on-year and until there’s a spike in supply high rents will be the new normal.”

“The number of properties available to rent was fairly flat compared to last year while demand, on the other hand, was up 17%” says Trade Me Property’s Aaron Clancy.

Without exception, median weekly rents in regional markets around the country were up.

Click on the link below to read the full article.

landlords.co.nz

Author John Kenel17 December 2019
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