Rental home demand set to push up rents

CATHERINE HARRIS

Last updated 10:16 18/01/2012

Rents may be flat but demand for rental homes increased around the country towards the end of last year, which pundits believe must eventually push rents up.

Enquiries on the Trade Me website rose 13 per cent for the December quarter on a year before.

Trade Me Property head Brendon Skipper said the trend was a continuation of strong demand in the previous quarter.

”In the September quarter, we saw the number of enquiries from tenants was up 10 per cent on 2010.

link:

http://www.stuff.co.nz/business/money/6275204/Rental-home-demand-set-to-push-up-rents