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5 Mar 2026 11:31
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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
     05 Mar: The Trade Minister's staying cautious - even as exports surge
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     05 Mar: Property values are gradually creeping up across the country
     04 Mar: Air New Zealand's financial position could worsen before it gets better
     04 Mar: Wellington's being left in the dust, as it's economy struggles to keep up with the rest of the country
     04 Mar: A new survey suggests New Zealand investors' love affair with property, is being shaken
     04 Mar: The Utilities Dispute service is welcoming changes to power rules
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     Today's News

    		 Living & Travel:
    What you need to know about Iran today, with Laura Tingle 11:17

     International:
    Seasonal produce to make the most of in March 11:07

     Law and Order:
    A 35-year-old man is appearing in Hamilton District Court today accused of assault 11:07

     Entertainment:
    Selena Gomez was in tears in the days leading up to her wedding after losing her handwritten vows 11:05

     Auckland:
    Police are investigating an overnight fire in Auckland's Otahuhu - which has left one person dead 10:47

     Entertainment:
    Thomas Rhett has become a father for the fifth time 10:35

     Rugby League:
    Warriors league coach Andrew Webster is adamant Mitch Barnett will be motivated to finish at the club on a high 10:27

     Politics:
    Why is Donald Trump threatening to end all US trade with Spain? 10:17

     Law and Order:
    Police have arrested a second man in relation to the drive-by shooting of a 59-year-old Auckland man in Pakuranga Heights 10:07

     Entertainment:
    Robert Carradine's death has been ruled a suicide following his passing earlier this week 10:05

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