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In New Zealand, apartment prices rise above homes in many areas, yet rents fall as supply increases.
In New Zealand, apartment asking prices have surpassed those of homes in several regions, driven by the appeal of low-maintenance living and improved apartment quality.
Despite this, median weekly rents have fallen for two consecutive months, down 3.1% year-on-year, due to a 27% increase in rental property supply.
Wellington and Auckland have seen rental declines across most sizes, while Hawke's Bay and Gisborne recorded record-high rents.
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En Nueva Zelanda, los precios de los apartamentos suben por encima de los de las viviendas en muchas zonas, pero los alquileres caen a medida que aumenta la oferta.