Podcasts Other The Mike Hosking Breakfast Mike Atkinson: Aspire Property Management Managing Director on the likelihood of Auckland rental prices continuing to rise

Mike Atkinson: Aspire Property Management Managing Director on the likelihood of Auckland rental prices continuing to rise

Published: Nov. 16, 2023, 7:23 p.m.

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It\\u2019s believed that Auckland\'s surging rental prices won\'t stop anytime soon. \\xa0

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According to global realtor and research firm Knight Frank, it\'s among the top three most expensive cities to rent in. \\xa0

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The price for prime property has risen 6%\\xa0in the six months to September, second to Sydney and Singapore. \\xa0

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Aspire Property Management Managing Director Mike Atkinson told Mike Hosking that migrant arrivals continue to push prices. \\xa0

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He says properties are still renting after about a fortnight on the market, even with raised prices, so rents will probably continue to go higher.\\xa0

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