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2 Mar 2026 15:15
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      Home > News > Business

    New figures show how pandemic lockdowns pushed up rents

    New figures show how pandemic lockdowns pushed up rents


    Trade Me's latest Rental Price Index reveals the weekly national median has jumped 25 percent since March 2020.

    It's reached 640 dollars.

    Property Customer Director, Gavin Lloyd, says in the intervening years, prices have moved a lot.

    He says the biggest challenge post-lockdown was lack of rental properties - in an already very tight market.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     02 Mar: Job numbers are rising again - but are still down on a year ago
     02 Mar: A warning Dunedin's Forsyth Barr Stadium is in a financially unsustainable position
     02 Mar: Rates are set to rise in Dunedin - as the city council releases its draft Annual Plan
     28 Feb: It's been revealed UK supermarket giant Tesco, declined the Finance Minister's invitation for a meeting to discuss the issues in our grocery sector
     28 Feb: The average Auckland ratepayer will be paying an average of 320 dollars more a year, if the council's annual plan passes
     27 Feb: Retail NZ says there could be complications created by new gift card rules
     27 Feb: Rocket Lab's continuing to thunder to new heights, posting a record revenue of 300 million New Zealand dollars in the last three months of 2025
     Top Stories

    RUGBY RUGBY
    Crusaders prop Tamaiti Williams has been cited for what's been deemed a reckless or dangerous act during their Super Rugby win over the Chiefs in Hamilton More...

    BUSINESS BUSINESS
    Job numbers are rising again - but are still down on a year ago More...


     Today's News

    		 Accident and Emergency:
    Armed Police are attending an incident in Waikato's Parawera, southeast of Te Awamutu 14:57

     Golf:
    Colombia's Nico Echavarria has benefited from leader Shane Lowry's shock late meltdown to triumph in the PGA Tour's latest event in Florida 14:37

     International:
    American service members killed as Iran strikes back against US-Israel attack 14:27

     Law and Order:
    Melbourne woman fears for her mother in Iranian prison amid US-Israeli strikes on Iran 14:17

     Living & Travel:
    AI is already creeping into election campaigns. NZ’s rules aren’t ready 14:07

     Rugby League:
    North Queensland's Vegas hangover is poised to continue with winger Braidon Burns facing a two-match NRL ban 14:07

     Motorsports:
    Tyler Reddick has held off a charging Shane van Gisbergen to make Nascar history 13:37

     Law and Order:
    Canterbury Police are asking the public to help find missing Rangiora woman Bethany who has Down's Syndrome 13:27

     International:
    The US and Israel have struck Iran: Who has been killed? 13:07

     International:
    The four stages of the mental load explained 13:07

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