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16 Jan 2026 8:16
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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.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     16 Jan: ???1;The construction sector's feeling optimistic, despite weak demand
     15 Jan: Signs of recovery in at least parts of the retail sector
     15 Jan: Potential for a dairy price recovery
     15 Jan: Fonterra's boss says farmers are used to volatility in prices and payouts
     15 Jan: Many retailers seem to be treading water, as consumers anxious about job security hold off on the nice-to-haves
     15 Jan: Shops continue to be hit by high unemployment and low consumer confidence
     14 Jan: EB Games New Zealand will be closing-up shop at the end of this month, after 25 years
     Top Stories

    RUGBY RUGBY
    Questions continue to swirl over Scott Robertson's departure as All Blacks coach More...

    BUSINESS BUSINESS
    ???1;The construction sector's feeling optimistic, despite weak demand More...


     Today's News

    		 Rugby:
    Questions continue to swirl over Scott Robertson's departure as All Blacks coach 8:07

     Rugby:
    The attention's now on how New Zealand Rugby approaches its hunt for a new CEO and All Blacks coach 7:57

     Politics:
    Former Police Commissioner Andrew Coster has been spotted at a cafe with his former boss, Public Service Commissioner Sir Brian Roche 7:57

     Entertainment:
    Hamnet taught Paul Mescal that he cannot be his best self without his loved ones 7:53

     Motoring:
    Te Rapa Road in Hamilton is closed following a serious crash overnight 7:47

     Rugby:
    New Zealand Rugby chair David Kirk is vowing to get the right person in charge and insists there's no rush in appointing a new All Blacks coach 7:27

     Entertainment:
    Kim Kardashian's longtime best friend Allison Statter accidentally set her hair on fire 7:23

     Business:
    ???1;The construction sector's feeling optimistic, despite weak demand 7:17

     Accident and Emergency:
    One person has died and three others are injured after a two-vehicle crash on State Highway 6 near Winton, Southland 6:57

     Entertainment:
    Vanessa Williams hopes to fall in love again 6:53

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