[anski]

Not good news I am afraid, but because so many landlords have got out of the rental market & the demand is high because Auckland is where many of the jobs are, property rents are continuing to rise.

Auckland's rental crisis has intensified - average weekly rent for a three-bedroom house has jumped $55 in a month and rents in popular suburbs have risen 25 per cent in the last year.

Desperate renters are increasingly looking further afield than the CBD and its immediate suburbs, as real estate agencies show only a handful of listings in central spots during the market's busiest months.

the full story can be found here

Auckland rent crisis at record high - National - NZ Herald News