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15 Feb 2026 11:02
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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
     14 Feb: OpenAI has deleted the word ‘safely’ from its mission – and its new structure is a test for whether AI serves society or shareholders
     14 Feb: An economist says new tourism and migration figures show the economy is starting to hum
     14 Feb: Rotorua's getting another chance to showcase itself this weekend
     13 Feb: No changes to the Golden Visa scheme's capital rules - as the Minister says it's had a roaring start
     13 Feb: Last year reached a record migration low
     13 Feb: Hamilton City Council's putting 1.7-million dollars into future zoo expansion
     13 Feb: A collective ambition to make Canterbury one of the best regions to grow business and a great life
     Top Stories

    RUGBY RUGBY
    Batter Daryl Mitchell believes the Back Caps will learn plenty from their seven-wicket loss to South Africa in Ahmedabad at the T20 World Cup More...

    BUSINESS BUSINESS
    OpenAI has deleted the word ‘safely’ from its mission – and its new structure is a test for whether AI serves society or shareholders More...


     Today's News

    		 Entertainment:
    Katie Holmes has celebrated James Van Der Beek's "journey of a hero" 10:51

     Entertainment:
    Zayn Malik has admitted Gigi Hadid "gave [him] s***" after being an overly-generous tooth fairy to their daughter 10:21

     Health & Safety:
    The first Auckland housing - designed for spinal injury recovery - is now officially open 10:17

     Environment:
    The North Island is continuing to get a battering from the weather this weekend 10:17

     Environment:
    Two regions, Otorohanga and Waipa, have been placed under states of emergency as wild weather hits the north island 10:17

     Cricket:
    The Black Caps are looking for power-play improvements at cricket's T20 World Cup 10:07

     International:
    These mums raise other people's children to secure a future for their own 10:07

     Rugby:
    Batter Daryl Mitchell believes the Back Caps will learn plenty from their seven-wicket loss to South Africa in Ahmedabad at the T20 World Cup 10:07

     Entertainment:
    Khloe Kardashian sat "slapping" Tristan Thompson during an awkward romantic gesture 9:51

     Rugby League:
    The Warriors are adamant their 33-18 pre-season loss to Manly in Napier won't have any bearing on their NRL prospects 9:27

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