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7 Mar 2026 19:01
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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
     07 Mar: Fonterra dairy farmers now appear to be weeks away from a major pay day
     06 Mar: The sale of Fonterra's consumer arm is officially going ahead
     06 Mar: The boss of Waitomo Gas expects a hike to fuel prices over the next week as conflict in the Middle East continues
     06 Mar: Social Development Minister Louise Upston's being slammed for legislating over a High Court ruling that saw MSD unable to claim back payments from some beneficiaries
     06 Mar: Consumer spending has increased in February, signalling a positive recovery within the retail sector
     06 Mar: Pak'n Save has begun stocking a US imported butter brand - in attempts to tackle rising prices
     06 Mar: Progress is being made toward Destination Queenstown's ambitious carbon zero 2030 target
     Top Stories

    RUGBY RUGBY
    At the Taupo Ironman pro series event, Trevor Foley has won the mens race in seven hours, 46 minutes and 44 seconds More...

    BUSINESS BUSINESS
    Fonterra dairy farmers now appear to be weeks away from a major pay day More...


     Today's News

    		 Rugby:
    At the Taupo Ironman pro series event, Trevor Foley has won the mens race in seven hours, 46 minutes and 44 seconds 18:57

     Rugby:
    Blues coach Vern Cotter is leaning into their ugly recent record against the Crusaders ahead of tonight's Super Rugby encounter at Eden Park 18:37

     Entertainment:
    Christian Bale believes everyone has "chaos to them" 18:35

     Rugby:
    Blues loose forward Torian Barnes holds no grudges against the Crusaders as he prepares to start against them tonight at Eden Park 18:07

     Entertainment:
    Hailey Bieber "magically" got pregnant with her son - despite facing a potentially serious medical condition 18:05

     Entertainment:
    Harry Styles has questioned what he's "adding to the world" 17:35

     Accident and Emergency:
    All lanes on State Highway 3 near Otorohanga are now open following the discovery of human remains yesterday 17:27

     International:
    'Mini supreme leader' Mojtaba Khamenei could soon rise, but he's already the 'power behind the robes' 17:07

     Entertainment:
    Christina Applegate knew her first marriage was destined to fail - even as she was walking down the aisle 17:05

     Motoring:
    A person's died following a crash in Karitane, North of Dunedin 16:57

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