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flag New Zealand's rents fell in September 2025 as supply rose and demand eased, easing pressure on tenants.

flag 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. flag Wellington saw a 7% drop to $595 weekly, driven by declines in outer suburbs, while Auckland fell 1.5% to $660. flag Northland, Marlborough, and Hawke’s Bay also saw significant drops, though Canterbury rose 1.8%. flag Demand declined 1% nationally, but seasonal shifts may boost movement. flag The trend suggests lower rent burdens could improve renters’ spending power.

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