Population growth will fuel demand for rental accommodation, the Centre for Housing Research says in its Auckland Housing Market Assessment. The total number of dwellings in greater Auckland is expected to increase by almost 100,000 units, or 40%, to 601,420 in 2026 with the biggest growth in older and smaller households. Demand for rentals will increase much faster than demand from owner-occupiers, with a 63.5% increase from 151,180 to 247,160 rental dwellings.
You can download the full report …
Please click on the following link to read the 02 February 2011 Quinovic Newsletter