Rents
No growth in residential rental income for landlords as the number of newly tenanted properties hits a 10-year high for the time of year as the median rent goes backwards
4
No growth in residential rental income for landlords as the number of newly tenanted properties hits a 10-year high for the time of year as the median rent goes backwards
New rental listings on Realestate.co.nz hit a record high in August
Number of properties rented in June quarter up almost 12% but median rent unchanged
Although the latest CPI inflation data wasn't as worrying as it could have been, economists still see more OCR increases ahead
4
Although the latest CPI inflation data wasn't as worrying as it could have been, economists still see more OCR increases ahead
[updated]
Annual inflation hits 4.1% in the June quarter with petrol leading the way
Bank economists are forecasting inflation for the June quarter will reach or crack 4.0%, with Kiwibank saying it’s to be expected that ‘the June quarter inflation numbers will be ugly'
13
Bank economists are forecasting inflation for the June quarter will reach or crack 4.0%, with Kiwibank saying it’s to be expected that ‘the June quarter inflation numbers will be ugly'
Rental stock levels and average rents almost unchanged from a year ago, meaning prospective tenants have plenty of choice
3
Rental stock levels and average rents almost unchanged from a year ago, meaning prospective tenants have plenty of choice
Prospective tenants have plenty of properties to choose from with vacant rental stock remaining elevated
2
Prospective tenants have plenty of properties to choose from with vacant rental stock remaining elevated
National median rent unchanged at $600 a week for the last two years, but rental activity was up strongly in the March quarter
9
National median rent unchanged at $600 a week for the last two years, but rental activity was up strongly in the March quarter
Average rents flattening in Auckland, still declining in Wellington, Realestate.co.nz says
[updated]
Very high number of new residential tenancies in February but rents were slightly softer
Annual inflation 3.1% in March quarter, with electricity leading the way. Rent rise lowest in 16 years, petrol price rises show up for March quarterly rate
22
Annual inflation 3.1% in March quarter, with electricity leading the way. Rent rise lowest in 16 years, petrol price rises show up for March quarterly rate
Don't expect the March quarter to show much price pressure, economists say as some suggest annual inflation will soften slightly before it accelerates in the June quarter
27
Don't expect the March quarter to show much price pressure, economists say as some suggest annual inflation will soften slightly before it accelerates in the June quarter
Auckland's largest rental agency says more properties are being rented but rents aren't rising, some landlords not increasing rents to retain existing tenants
3
Auckland's largest rental agency says more properties are being rented but rents aren't rising, some landlords not increasing rents to retain existing tenants
Average national asking rents on Realestate.co.nz down $25 a week in March from two years ago levels
13
Average national asking rents on Realestate.co.nz down $25 a week in March from two years ago levels