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28 Nov 2025 0:56
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      Home > News > Business

    Housing is seeing record-shattering surges in rent across the board

    Housing is seeing record-shattering surges in rent across the board


    According to the latest Trade Me Rental Index, the average property saw an increase of six percent from the same time in 2020 - the biggest jump in two and a half years.

    Rents in every region have had a bump, with Hawke's Bay topping the list - seeing a rise of nearly 14 percent.

    Trade Me Property Sales Director Gavin Lloyd says supply isn't keeping up with demand so rents could continue to climb.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    		 Environment:
    Death toll rises to 55 as Hong Kong blaze continues to burn, three arrested 23:07

     Business:
    The Finance Minister's celebrating record export numbers, despite a turbulent environment 21:57

     Entertainment:
    Billy Bob Thornton considers Angelina Jolie to be a "great friend" of his 21:38

     Accident and Emergency:
    Ongoing efforts in Southland and Otago to control multiple vegetation fires 21:37

     Entertainment:
    Chadwick Boseman's widow paid a glowing tribute to the late actor at his Hollywood Walk of Fame ceremony 21:08

     International:
    United States says it has stopped processing all immigration requests from Afghan nationals 21:07

     Entertainment:
    Khloe Kardashian is determined to have a healthy co-parenting relationship with Tristan Thompson - but she has no intention of rekindling their romance 20:38

     Entertainment:
    Ariana Grande has tested positive for COVID-19 20:08

     Entertainment:
    Chris Pratt and Katherine Schwarzenegger went to a barn on their first date 19:38

     Entertainment:
    Ron Howard thinks AI can "help filmmakers get more of what's in their mind's eye onto screens" 19:08

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