News

Christchurch exodus soaks up rental capacity - First National

Tuesday 19th of April 2011

The real estate network's quarterly survey of its property managers found demand for rentals was steady and rents were rising more than 12 months ago.

First National's property managers reported a national vacancy rate of 4.8% for the quarter, compared with 2.5% the same time last year. However, that was partly caused by Christchurch having higher vacancy numbers than usual because of u...

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