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4 Nov 2025 20:27
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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.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     04 Nov: A rise in building consents is being viewed as a positive sign by the construction sector
     04 Nov: Green shoots are once again starting to show through in the economy
     03 Nov: Reserve Bank stress testing suggests our banks could withstand major global disruptions
     03 Nov: Trump is repeating the long, painful history of US ‘policing’ of Latin America
     03 Nov: A possible boost in building activity on the horizon, with the most home consents in September in more than two years
     03 Nov: The future of two Stirling Sports stores in Christchurch is uncertain - as their parent company enters liquidation, owing three quarters of a million dollars
     03 Nov: Alarm bells as record numbers of people make KiwiSaver hardship withdrawals
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    Oli Mathis is willing to play the long game as he begins his life at the Crusaders More...

    BUSINESS BUSINESS
    A rise in building consents is being viewed as a positive sign by the construction sector More...


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