Article tagged with 'rental market'
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Auckland rents at a standstill
21 Oct 2022 - Auckland’s median weekly rent for residential property has not moved in six months, while the number of rentals has skyrocketed.
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Rent freeze suggested to private landlords’ surprise
17 Aug 2022 - The Human Rights Commission wants an immediate freeze on rent increases and an increase in the accommodation supplement because of the cost-of-living crisis.
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Rental prices inch up; property sales slump to new low
08 Aug 2022 - Auckland’s average weekly rent rose by $6.12 (or 1%) to $622.44 per week for the quarter ending June.
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Rental market turning on landlords
22 Jul 2022 - The slump in the housing market is making it difficult for landlords to find good tenants.
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Rental supply spikes while demand dwindles
04 Jul 2022 - A big turnaround has hit the previously buoyant residential rental market.
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Rents rise and rise
23 May 2022 - Rents charged by residential landlords in most parts of Auckland has risen by about 3% year-on-year to hit $616.32 a week, figures to the end of March show.
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Massive housing shortage turning but rental crisis looming
12 May 2022 - Westpac expects Auckland’s housing shortage to be wiped out by the end of next year. Across the rest of the country it will take four to five years.
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Investors federation has plans to fix rental crisis
03 May 2022 - Changes to the rental housing industry, while intending to improve opportunities, have made renting much worse for tenants and the New Zealand Property Investors Federation has a five point plan to fix it.
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Skyrocketing rents matching record inflation
27 Apr 2022 - Rents around the country are rising at the same rate of record inflation and hit a median of $575 a week in March.
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Areas that are cheaper to buy than rent dwindling
06 Oct 2021 - There are still several areas of New Zealand where paying a mortgage is cheaper than renting, but a lot fewer than a year ago.