'Pain' for property investors as renting listing levels hit decade high
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Navigation for News Categories New ZealandWorldPoliticsPacificTe Ao MāoriSportBusinessCountryLocal Democracy ReportingIn DepthWeather Businessmoney23 Apr 2025 9:19 am on 23 April 2025 Susan Edmunds, Money Correspondent susan.edmunds@rnz.co.nz There were 41 percent more rental listings in March than in the same month last year. Photo: RNZOne property investor says there is pain for some investors in the rental market as listings reach record numbers.Trade Me Property says the number of homes available for rent has reached a level not seen in more than 10 years.There were 41 percent more rental listings in March than in the same month last year, the highest number since 2014."I think there's there's quite a few contributing factors at the moment," said Trade Me Property customer director Gavin Lloyd."We've got a lot of new build properties that have come to market in certain parts of the country. That's putting a lot more stock into the market. I also think we've seen a lot of people lea...