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22 Feb 2026 8:44
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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 Feb: Two dogs have been impounded by Christchurch Council Animal Management officers and three people are in hospital after an attack in the North West
     21 Feb: A economist says New Zealanders appear to have gotten a spending hangover
     21 Feb: Work by dozens of artists is being showcased on Auckland's waterfront today
     21 Feb: Central Otago is today moving to a prohibited fire season
     20 Feb: Hopes are lifting among Auckland businesses for the economic recovery
     20 Feb: Fonterra is raising its forecast payout to farmers, following the latest rise in global dairy prices
     20 Feb: Fonterra's announced an extra dividend for farmers - as it pushes ahead with the sale of its consumer arm
     Top Stories

    RUGBY RUGBY
    Heartbreak for the Welsh rugby team in Cardiff...losing 26-23 to Scotland, despite leading for all but five minutes of the Six Nations encounter More...

    BUSINESS BUSINESS
    Two dogs have been impounded by Christchurch Council Animal Management officers and three people are in hospital after an attack in the North West More...


     Today's News

    		 Soccer:
    The Wellington Phoenix are on the lookout for a new head coach 8:37

     Auckland:
    A person has died after a vehicle hit a parked car and flipped in the Auckland suburb of Hillsborough yesterday evening 8:27

     Health & Safety:
    Palmerston North Hospital has received thousands in donations towards a surgical robot 8:27

     General:
    The Women's Freeski Halfpipe Final at the Winter Olympics has been postponed 8:17

     Entertainment:
    Margot Robbie makes movies "for the people who are going to buy tickets" 8:17

     Soccer:
    Giancarlo Italiano has taken aim at Auckland FC 8:07

     International:
    Andrew Mountbatten-Windsor was the Queen's rumoured favourite. Did she do too much to protect him? 7:57

     Rugby:
    Heartbreak for the Welsh rugby team in Cardiff...losing 26-23 to Scotland, despite leading for all but five minutes of the Six Nations encounter 7:47

     Entertainment:
    Gisele Bundchen is living the "life she dreamed of" 7:47

     Rugby:
    The Blues have beaten the Force 42-32 in their Super Rugby contest in Perth, while the Chiefs have had a nail-biting 26-23 win over the Highlanders in Dunedin....with coach Jono Gibbes praising the Landers for their grit 7:37

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