12 Oct 2023

Data show rents on the rise

From Midday Report, 12:48 pm on 12 October 2023

Stats NZ is reporting the annual change for rental prices has risen by more than four percent.

Meanwhile, Trade Me is reporting tenants can expect to pay $2,300 more in rent compared to the same time last year, with the national median weekly rent increasing by $45.

Renters Untied president Geordie Rogers spoke to Charlotte Cook.