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19 Mar 2025 18:33
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  •   Home > News > Business

    Clear data on the rise in rent - over the past five years

    Clear data on the rise in rent - over the past five years


    Trade Me's Rental Price Index reveals the median weekly cost has risen 25 percent since March 2020 - to 640 dollars.

    The lockdown mandate increased market demand.

    Property Customer Director, Gavin Lloyd says Bay of Plenty now takes the title for the most expensive region - at 680 dollars a week.

    He says the region's prices have spiked - overtaking Auckland and Wellington.

    © 2025 Newstalk ZB, NZCity

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