News

Rents soar in Christchurch

Tuesday 11th of November 2014

The website has released its first Trade Me Property Rental Index.

It shows the median weekly rent nationwide for properties listed on the site was $399 in October, up from $375 in October 2013.

Head of Trade Me Property Nigel Jeffries said it was underpinned by the Christchurch market, where median weekly rents increased 20% year-on-year, to a new record of $510 a week.

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