Trade Me hikes rental listing fees by 40%

Trade Me hikes rental listing fees by 40%
Gavin Lloyd says Trade Me has grown its audience by 13%. (Image: supplied)
Brent Melville
Property management and rental agencies are passing on annual base rate hikes for owners’ rental properties after online property site Trade Me put up its baseline prices by about 40%.Also, where firms are opting in to "feature" plans, they're hiking fees by as much as 82%, with a minimum spend ratcheting up from $49 to $89 per week.The increases, effective from January, come as government data shows residential rental costs rose 4% year-on-year to March, contributing 0.4% to an inflation rate of 6.9%. That's the highest...

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