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26 Apr 2024 21:22
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  •   Home > News > Living & Travel

    Rents dropped just slightly for a quarter last year - but many cities are still costly to live in

    Rents dropped just slightly for a quarter last year - but many cities are still costly to live in


    Massey University research shows a 3.52 percent improvement in affordability for the three months from June 2021.

    But over the year to September 2021, rents rose 5.6 percent.

    Bay of Plenty, Hawke's Bay, Tasman, Marlborough, Northland, Gisborne and Auckland are less affordable than the national average.

    Renting is still dearest in Auckland and Wellington, respectively at an average 592 and 532 dollars a week.

    Southland and the West Coast are the most affordable regions.

    © 2024 Newstalk ZB, NZCity

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     Today's News

    Environment:
    Fire and Emergency is urging the public to take extra care with controlled burns 21:17

    Rugby:
    The Chiefs are preparing for a tough physical match-up, when they take on the Waratahs in Sydney 18:57

    Law and Order:
    25 years after the murder of BBC presenter Jill Dando on her front doorstep, unanswered questions remain 18:37

    Rugby:
    The Chiefs are confident they'll be able to get a result in Sydney tonight without captain Luke Jacobson 18:37

    Business:
    New Zealanders saw the second-largest tax hike in the developed world last year 18:07

    Rugby:
    Confidence from the Crusaders coach, heading into tonight's must-win home game against the Melbourne Rebels in Christchurch 17:27

    Law and Order:
    Rose McGowan, Ashley Judd and others react to the overturning of Harvey Weinstein's 2020 rape conviction 17:27

    Environment:
    Severe thunderstorms are forecast for Canterbury this evening 16:58

    Rugby:
    The Crusaders coach isn't mincing his words about the Super Rugby Pacific champions' situation 16:58

    International:
    Chapter to be redacted in Australian version of Rebel Wilson's memoir due to legal reasons 16:07


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