Rental prices - CathNews New Zealand https://cathnews.co.nz Catholic News New Zealand Sun, 27 Aug 2023 09:48:40 +0000 en-NZ hourly 1 https://wordpress.org/?v=6.7.1 https://cathnews.co.nz/wp-content/uploads/2020/05/cropped-cathnewsfavicon-32x32.jpg Rental prices - CathNews New Zealand https://cathnews.co.nz 32 32 70145804 People spending 50 weeks on average in Upper Hutt emergency housing https://cathnews.co.nz/2023/08/28/people-spending-50-weeks-on-average-in-upper-hutt-emergency-housing/ Mon, 28 Aug 2023 05:54:11 +0000 https://cathnews.co.nz/?p=162867 People are spending nearly a year living in emergency housing facilities in Upper Hutt as sky-high rentals, rising house prices and cost of living issues continue to bite. Figures obtained from a written Parliamentary Question from National's Chris Bishop paint a worsening picture across much of the lower and central North Island for those seeking Read more

People spending 50 weeks on average in Upper Hutt emergency housing... Read more]]> People are spending nearly a year living in emergency housing facilities in Upper Hutt as sky-high rentals, rising house prices and cost of living issues continue to bite.

Figures obtained from a written Parliamentary Question from National's Chris Bishop paint a worsening picture across much of the lower and central North Island for those seeking a place to live.

The Ministry of Social Development figures show as of June 2023, the average consecutive time a person was spending at an emergency housing facility in Upper Hutt was 50 weeks - just two weeks shy of a full year. Read more

People spending 50 weeks on average in Upper Hutt emergency housing]]> 162867 Median rent in Queenstown-Lakes up by $110 a week, Auckland unchanged from a year ago https://cathnews.co.nz/2023/05/29/median-rent-in-queenstown-lakes-up-by-110-a-week-auckland-unchanged-from-a-year-ago/ Mon, 29 May 2023 05:54:39 +0000 https://cathnews.co.nz/?p=159518 The national median weekly rent for newly tenanted properties increased by $15 a week (+2.7%) over the 12 months to the end of March this year. The latest data, based on bonds lodged with Tenancy Services each quarter, shows the national median residential rent increased from $550 a week in the first quarter (Q1) of Read more

Median rent in Queenstown-Lakes up by $110 a week, Auckland unchanged from a year ago... Read more]]> The national median weekly rent for newly tenanted properties increased by $15 a week (+2.7%) over the 12 months to the end of March this year.

The latest data, based on bonds lodged with Tenancy Services each quarter, shows the national median residential rent increased from $550 a week in the first quarter (Q1) of last year to $565 in Q1 this year.

However there were significant differences in the annual rate of rent increases between the main urban districts. Rents increased at a lower rate (up to 5%) in Whangarei, Auckland, Hawke's Bay, the Wellington Region, Timaru and Invercargill, and above 5% in all other districts. Read more

Median rent in Queenstown-Lakes up by $110 a week, Auckland unchanged from a year ago]]> 159518