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27 Oct 2025 22:11
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      Home > News > Business

    No signs demand for rentals will cool anytime soon

    No signs demand for rentals will cool anytime soon

    11 December 2019
    Trade Me's November Rental Property Index shows a nationwide median weekly rent rise of 4.2 per cent year on year.

    Demand for properties was also up 17 per cent.

    Trade Me Property's Aaron Clancy says until there's a spike in supply, high rents will be the new normal.

    He says for about a year now they've seen strong growth in rental prices and the number of tenants looking for a property.

    © 2025 Newstalk ZB, NZCity


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    Joseph Parker is adamant he still has the fire to climb the ranks of boxing's heavyweight division again More...

    BUSINESS BUSINESS
    Foreign spies are trying to steal Australian research. We should be doing more to stop them More...


     Today's News

    		 Environment:
    Snow's closed a number of South Island state highways 21:57

     Accident and Emergency:
    A person has been flown to hospital in a critical condition after falling down a Waikato waterfall 21:17

     International:
    Two US Navy aircraft based on USS Nimitz carrier crash within 30 minutes in South China Sea 19:47

     International:
    Arnold Schwarzenegger accuses US states of trying to 'out-cheat' each other under Trump 19:17

     Accident and Emergency:
    A single-vehicle crash has blocked State Highway 2 in the Hauraki District near Karangahake Gorge 18:57

     Environment:
    Areas already hit by last week's wild weather are in for another round 18:37

     Boxing:
    Joseph Parker is adamant he still has the fire to climb the ranks of boxing's heavyweight division again 18:07

     Cricket:
    White Ferns captain Sophie Devine believes her team prepared for the World Cup's sub-continent conditions as best as they could, despite a disappointing end to her one-day career 17:27

     Netball:
    The Silver Ferns are keeping any details around coach Dame Noeline Taurua's reinstatement on the sideline until the end of the Constellation Cup 17:27

     International:
    Cost-of-living crisis and 'weight of the world' means we're socialising less than ever 17:07

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