News
Static Auckland rents suggest underlying problem

Thursday 13th of December 2018
The median rent in the capital was up by 5.8% year-on-year to hit a record high of $550 per week in November, the latest Trade Me rental price data reveals.
In contrast, Auckland’s median weekly rent remained firm on $550, for the eighth month in a row, in November. While it was up by 3.8% on last year, it has flat-lined for much of this year.
That means Wellington rents n...
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