The New Zealand rental market cooled July with rents stagnant, demand down and supply falling, according to Trade Me’s latest Rental Price Index. The national median weekly rent held steady at $620 for the second consecutive month in July. “Renters .
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Tenants are doing it tough this winter, and are on average paying $50 a week more compared to this time last year, according to Trade Me’s latest Rental Price Index. New Zealand’s median weekly rent rose 9 per cent on last year to reach a new record .