Trade Me: Rents rose the most in 2 1/2 years in March

Thu, 22 Apr 2021

Trade Me said rents for houses rose the most in two-and-a-half years in March but that it's too early to tell whether the government's new housing policy announced March 23 had anything to do with it.Nationally, Trade Me's rent index rose 6% in March from the previous March to $540 a week, the biggest annual increase since October 2018, equal to January's rental amount.Hawke's Bay led the market with a 13.8% increase to $535, followed by Taranaki, up 12.5% to $450, and Manawatū/Whanganui, up 10% to $440, while Auckland rents...

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