31 May 2017

Unprecedented increases in Akld flat prices on student demand

From Morning Report, 7:16 am on 31 May 2017

One of Auckland's biggest rental agencies hiked rents on vacant apartments by 5% a week for several weeks earlier this year when demand from students surged to record levels. And now there are warnings people searching for apartments in Auckland could face weekly price hikes early next year despite a sharp rise in newly built units.