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1856 days ago

Times are tough for renters

Sarah Reporter from Stuff

Hey neighbours,

If you're looking to secure a rental property, get ready for a competitive and expensive time.

New figures say the number of Trade Me inquiries on rentals is on the up, and with the number of available properties decreasing, significant price jumps are expected in the coming months.

Auckland's median weekly rent rose to $560 in July, while in Wellington the median weekly rent has risen 10 per cent year-on-year to $530.

Are you having a hard time finding and affording a rental property?

(Please add "NFP/not for print" if you do not want your images/ comments used on Stuff)

To read more, click here.

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