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27 Jan 2026 9:54
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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
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     23 Jan: Dairy farmers could be in an earlier-than-expected pay day
     23 Jan: We could see our interest rates rise sooner than we hoping for, after the latest increase in inflation
     23 Jan: Inflation's risen again - and is now back above the Reserve Bank's target range
     23 Jan: Digital ‘tokenisation’ is reshaping the global financial industry. Is NZ ready?
     Top Stories

    RUGBY RUGBY
    Limited communication from the powers-that-be with Super Rugby coaches as the search starts for a new All Blacks mentor More...

    BUSINESS BUSINESS
    US copied Iran's Shahed drones — now they are deployed in the Middle East More...


     Today's News

    		 Entertainment:
    Jenny Slate blasted Justin Baldoni as the "biggest clown and the most intense narcissist" 9:31

     Accident and Emergency:
    Three people have been injured in a car crash on State Highway 1 in Marlborough 9:27

     Entertainment:
    Russell Brand has been granted bail after a London video court appearance over two additional charges of sexual assault and rape 9:01

     Entertainment:
    Meghan, Duchess of Sussex, has no plans for a third season of With Love, Meghan on Netflix 8:31

     Law and Order:
    The organisers of Rangiora's Muscle Car Madness Show are raising money to grow the grass back - after the weekend's event damaged the show grounds 8:17

     National:
    Shooting of Alex Pretti in Minneapolis has put America’s gun lobby at odds with the White House 8:17

     National:
    Why the shooting of Alex Pretti in Minneapolis is so significant – expert Q&A 8:07

     Rugby:
    Limited communication from the powers-that-be with Super Rugby coaches as the search starts for a new All Blacks mentor 8:07

     Entertainment:
    Brooklyn and Nicola Peltz-Beckham have the only footage of Victoria Beckham's "inappropriate" wedding dance 8:01

     International:
    What does the probe into senior military officials in China mean for Xi Jinping? 7:57

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