Outlook good for rent rises: Crockers
It has partnered with economic forecasters Infometrics to produce a report that offers predictions for the year ahead.
In it, it says that residential rental inflation has been subdued in recent months, except in Christchurch.
“Rental inflation has been surprisingly weak in Auckland over the last 12-18 months, but there have been signs of more upward pressure in the first two months of 2014, with rental growth in the region reaching a 22-month high of 5.3% per annum.”
Population growth and the strength of the economy would boost demand, the report said.
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