A concerning outlook for Kiwi renters
A concerning outlook for Kiwi renters
26 April 2022
The latest Trade Me Rental Price Index show rents now average at 525 dollars ... up seven percent on the same time last year.
Regions such as Bay of Plenty and Manawatu also saw record-breaking weekly medians.
Trade Me Property Sales Director Gavin Lloyd says it's a significant rise.
He says seven percent year on year growth is really tough for renters as it represents a 35 dollar price jump.
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