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23 Jan 2020 7:31
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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.

    © 2020 Newstalk ZB, NZCity


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    Saracens chairman Neil Golding claims another audit would've involved more financial and emotional strain More...


    BUSINESS BUSINESS
    Saracens chairman Neil Golding claims another audit would've involved more financial and emotional strain More...



     Today's News

    Business:
    Saracens chairman Neil Golding claims another audit would've involved more financial and emotional strain 7:27

    International:
    United Nations report says Saudis hacked Amazon boss Jeff Bezos's phone, implicates Crown Prince Mohammed bin Salman 7:27

    Law and Order:
    US prosecutors are set to begin presenting their rape case against Harvey Weinstein  7:17

    Politics:
    The Maori Council's urging a moratorium on unrest between Black Power and the Mongrel Mob 7:07

    Politics:
    Coronavirus infections in China feared to be more widespread than officially reported 7:07

    Entertainment:
    Sir Patrick Stewart "got hooked" when he stumbled across an episode of 'Star Trek: The Next Generation' 7:00

    Entertainment:
    Jamie Foxx lives with his divorced parents 6:30

    Entertainment:
    Lea Michele gets "emotional" watching the late Cory Monteith in old episodes of 'Glee' 6:00

    Netball:
    Expect to see the Silver Ferns pile on the pressure in the midcourt during their second Nations Cup match against Jamaica in Birmingham this morning 5:47

    Environment:
    Much of the country is in for an absolute scorcher of a weekend 21:57


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