News

Be wary of raising rents

Thursday 8th of July 2010

The Auckland-based real estate company reported the average weekly rent in Auckland for June increased $5 from May to $403 and was up $15 from June last year.

However, Barfoot & Thompson chief executive Wendy Alexander says landlords need to be careful about how they read the increase in figures and says there is a lot of hype and speculation in the market around rents due to Budget...

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