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flag Renter demand in New Zealand surged in January 2026, driven by students and post-holiday searches, with rents stable despite rising applications and viewings.

flag Renter activity in New Zealand hit a near-two-year high in January 2026, with rental enquiries rising 37.6% from December and 21.4% from the same month last year, driven by student demand and post-holiday searches. flag Applications and viewings also surged, while 70% of properties were rented at first listing price, indicating competitive pricing. flag Average weekly rent in Auckland was $695.80, up 0.6% from a year earlier, though some areas saw declines. flag Despite strong demand, national median rent dipped slightly to $595, with supply growing faster than prices, suggesting a balanced market.

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