Rents leap 10 percent year on year, says TradeMe

From Midday Report, 12:15 pm on 26 August 2021

Rents around the country have leapt 10 percent over the past year. That's according to Trade Me's latest Rental Price Index. The national median weekly rent reached a new high of $550 last month, after a stagnant autumn. Trade Me property sales director Gavin Lloyd tells Māni Dunlop which regions have had the largest increases.