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Rentals Rise as Owners Stay Put | Auckland News
More homeowners are renting out their properties abroad instead of selling, flooding the rental market and helping keep rent hikes in check. New listings surged 10% nationwide, offering renters more choice and stability as average weekly rent held steady amid rising living costs. While most regions saw growth, Wellington bucked the trend with falling supply—but stable prices suggest cooling demand. Areas like Wairarapa and Southland led the listing surge, while Coromandel saw rents dip. This quiet market shift is a breath of fresh air for budgets. Listen in comfort:Get a discount on a Soli…
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