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23 Feb 2020 15:18
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  •   Home > News > Business

    Rents rose last year at the fastest pace in more than a decade

    Rents rose last year at the fastest pace in more than a decade


    The rental component of the consumer price index jumped 3.1 percent in 2019.

    That's the largest annual jump since 2008.

    Stats NZ says the rise is likely caused by strong demand as well as new rental standards for landlords.

    © 2020 Newstalk ZB, NZCity


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     Top Stories

    RUGBY RUGBY
    Kiwi shot putter Tom Walsh's ready to be challenged More...


    BUSINESS BUSINESS
    Two fire crews are dampening down hotspots at the scene of a commercial fire in Christchurch's CBD More...



     Today's News

    Rugby:
    Kiwi shot putter Tom Walsh's ready to be challenged 15:17

    Entertainment:
    Lionel Richie finds it difficult giving his daughters love advice 14:59

    Boxing:
    American boxer Deontay Wilder's unfazed by the number on the scales ahead of his heavyweight rematch with Brit Tyson Fury tonight 14:47

    Entertainment:
    Lili Reinhart believes the late Luke Perry's "spirit was visiting" her in a dream she had about him 14:29

    Rugby League:
    Kiwi MMA fighter Dan Hooker's reminiscing on his career ahead of his headlining fight with Paul Felder at UFC Fight Night 168 in Auckland 14:27

    Politics:
    One more step forward in the fight for justice for families of those lost in Christchurch's CTV building 14:27

    International:
    Bernie Sanders to win Nevada Democratic caucuses and take lead in race to become Donald Trump's opponent, live results 14:17

    Soccer:
    Portugal and Juventus forward Cristiano Ronaldo has matched an Italian league record on a monumental day for him in world football 14:07

    Entertainment:
    Lewis Capaldi has hit back after he was trolled for bringing a bottle of tonic wine onto the stage at the BRIT Awards 13:59

    Politics:
    The government is being praised for its new vaping legislation 13:57


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