Rental demand in Hawkes Bay
RENT DEMAND AT RECORD HIGHS
Over the past 12 months we have experienced increasing and unprecedented demand from tenants for rental properties in all categories. This morning’s paper hints again at one of the causes:
“Migration still climbs
New Zealand saw another record net gain in migrants of 65,900 in the year to January,driven by increased arrivals from asia and Australia. The annual gain in migrants has set records for the past 18 months. Arrivals rose 10 per cent to 123,000 in the January 2015 year, while departures fell by 1 per cent to 57,100.” (Source: HB Today 26-02-2016)
We are actively looking for rental properties to manage!