Tuesday, 22 December 2020, 9:04 am
New Zealand’s national median weekly rental price
finished off the year 21 per cent higher than it was at the
end of 2015 according to the latest Trade Me Rental Price
Index.
Trade Me Property spokesperson Logan Mudge said
the national median weekly rent was $520 last month, marking
a 4 per cent increase on the same month in 2019 and a 21 per
cent increase on this time in 2015. “November’s median
weekly rent matched the all-time high we first saw in
February this year.”
Nationally, supply was up by 6
per cent in November when compared with the same month last