No signs demand for rentals will cool anytime soon
No signs demand for rentals will cool anytime soon
11 December 2019
Trade Me's November Rental Property Index shows a nationwide median weekly rent rise of 4.2 per cent year on year.
Demand for properties was also up 17 per cent.
Trade Me Property's Aaron Clancy says until there's a spike in supply, high rents will be the new normal.
He says for about a year now they've seen strong growth in rental prices and the number of tenants looking for a property.
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