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New Zealand's rents fell in September 2025 as supply rose and demand eased, easing pressure on tenants.
New Zealand’s rental market softened in September 2025, with national median rents falling 1.6% year-on-year and supply rising 6.3%, giving tenants increased leverage.
Wellington saw a 7% drop to $595 weekly, driven by declines in outer suburbs, while Auckland fell 1.5% to $660.
Northland, Marlborough, and Hawke’s Bay also saw significant drops, though Canterbury rose 1.8%.
Demand declined 1% nationally, but seasonal shifts may boost movement.
The trend suggests lower rent burdens could improve renters’ spending power.
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Los alquileres de Nueva Zelanda cayeron en septiembre de 2025 a medida que la oferta aumentaba y la demanda disminuía, aliviando la presión sobre los inquilinos.