Rents at an all time high, Trade Me index shows
Quote:
Rental prices have hit an all time high, online marketplace Trade Me says.
Properties in the website's rental index have risen by an average of $50 in the last year, bringing the national median rental price to $650.
|
London rents break records again
Quote:
The costs of average advertised rental properties coming onto the market continue to balloon, especially in London, according to new data by property platform Rightmove (RMV.L), with average rental prices in the capital reaching a new record of £2,633 per calendar month.
The latest data shows that rental prices have reached new records for a seventeenth consecutive month across the country too, with the average price outside of London now £1,291 per month.
|
Looks like everything is going to plan.