Conditions ripe for rental boom, says Trade Me

Mon, 14 Jan 2013

By Sophie Jackman Jan 14 (BusinessDesk) - The supply of rental properties nationwide continues to outpace demand, Trade Me Property reported today in their analysis of 2012's final quarter. However, the property listing service suggested some potential home buyers may be driven into the rental market as the supply of properties for sale flattens out. Trade Me Property compares the numbers of properties listed on its site against the average number of email enquiries per listing to measure supply and demand. Rental listings increased by 8 p...

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