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21 Jan 2026 13:12
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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
     21 Jan: Pic's Peanut Butter is boasting huge financial success, with sales reaching 40-million dollars
     21 Jan: The Warriors first NRL match at the new One New Zealand Stadium in Christchurch has sold out, five months in advance
     21 Jan: Hopes our services sector is finally starting to turn a corner
     21 Jan: UK backs plan for China's new embassy in London at Royal Mint Court, despite spy fears
     20 Jan: The share market likes what it sees - as Fletcher Building offloads its construction arm
     20 Jan: Welcome news for shareholders - from one of our largest companies' change in direction
     20 Jan: Fletcher Building's calling time on its construction arm - after a difficult few years
     Top Stories

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    The next All Blacks coach will begin their tenure against an under-strength French side on July 4 More...

    BUSINESS BUSINESS
    Pic's Peanut Butter is boasting huge financial success, with sales reaching 40-million dollars More...


     Today's News

    		 Accident and Emergency:
    A train driver has been killed and at least 15 injured after a commuter train's derailed and crashed near Barcelona 13:07

     Entertainment:
    Roger Waters has defended his Ozzy Osbourne comments following the late rocker's death in July 12:40

     Auckland:
    A man's still missing after being washed away in his car trying to cross Mahurangi River near Warkworth - north of Auckland 12:37

     Entertainment:
    Pamela Anderson blames Tommy Lee's wife for their estrangement 12:10

     Law and Order:
    A Christchurch doctor found not guilty two decades ago - has been branded online as a rapist, convicted paedophile and registered sex offender 11:57

     Soccer:
    To round seven of European Champions League football.. 11:57

     International:
    Brooklyn Beckham has cut ties with his famous parents. What can we learn from it? 11:47

     Entertainment:
    Megan Fox and Machine Gun Kelly are "done romantically" 11:40

     Cricket:
    Brendon McCullum's future as England cricket coach remains uncertain beyond next month's T20 World Cup in the wake of the 4-1 Ashes loss to Australia 11:17

     National:
    Europe has five options for responding to Trump’s Greenland threats. None of them look good 11:17

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