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1 Nov 2025 12:54
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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


    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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     Today's News

    		 Business:
    US AI chip giant, Nvidia is rapidly propelling its stock to record highs 12:26

     Law and Order:
    She accused him of rape, but Prince Andrew's downfall is too late for Virginia Roberts Giuffre 12:06

     International:
    Virginia Giuffre's brother demands Prince Andrew investigation, wants King to pressure Trump 12:06

     Business:
    The mystery of Prince Andrew's finances and why there are calls for more transparency 12:06

     Rugby:
    A sense of deja vu for Scott Barrett ahead of tomorrow morning's test with Ireland in Chicago 11:56

     Motoring:
    Formula One's governing body has rejected criticism of Liam Lawson by Mexico's motorsport federation for a near-miss with two marshals during last weekend's Mexico City Grand Prix 11:37

     Environment:
    A warning for hikers as the Great Walks summer season begins 11:06

     Business:
    Increasing demand from Asia is forecasted to boost global beef trade in the next five years 10:46

     Business:
    Economists say back to back house price increases could be a signal of recovery in the market 10:26

     Business:
    New data shows Kiwis lost significantly more money to online credit card scams last month 10:16

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