Important COVID Update
Read Here
News

Rents

By Liam O'Boyle

Auckland, Christchurch Lead Price Surge”, 30 January 2011, Sunday Star Times

A close examination of rental statistics in Christchurch is required to fully appreciate the current market. Available rental properties in Christchurch is only slightly below pre earthquake numbers, but it is a “game of two halves”.

Yes, we have had modest rent increases in properties in sought after  areas and well presented homes, but two bedroom units in less preferred areas are still challenging to let.

Vacancy rates certainly have dropped, and well below the 6% quoted in “The Press” 29 January 2011 by First National General Manager John Stewart.

As the impact of Christchurch’s reconstruction flows into the greater local economy, residential property will be in demand with a resulting upward movement of weekly rents.

Up to Date

Latest News

  • Green Party Calls for Rent Controls in Open Letter to Ardern

    The Green Party’s support of kiwi renters was bolstered when they published an open letter to Prime Minister Jacinda Ardern calling for an immediate rent freeze until stronger rent controls are put in place. What did the Green Party’s rent control letter say? In their open letter … Read more

    Read Full Post

  • Changes to Healthy Homes Standards

    In December 2021, the government announced it would be making updates to the healthy homes standards (HHS) based on feedback received from the rental sector. The changes should come into effect by May 2022 and relate mostly to new homes built to relevant 2008 building code requirements. … Read more

    Read Full Post