The pressure’s on: 44 tenants for each Auckland property

  • Auckland rents are rising at more than double the rate of inflation, tenant numbers are up and there are 44 tenants available for every place, says the city’s largest rental property manager.

Barfoot & Thompson, which got a massive 107,268 tenant inquiries between January and March, said demand was particularly high and outlined how the sector was under pressure.

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Barfoot & Thompson