The monthly rent price index in Wellington, New Zealand in February 2024 was 1,797, marking a decline from the previous month. Nevertheless, this was a significant increase in rent prices compared to the base month of November 2006.
Monthly rental price index in Wellington, New Zealand from January 2022 to February 2024
Characteristic
Rent price index
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Source: Stats NZ and licensed by Stats NZ for re-use under the Creative Commons Attribution 4.0 International license.
The flow measure of rents captures rental price changes only for dwellings that have a new tenancy started in the reference month. It tends to be more volatile than the stock measure, which shows rental price changes across the whole rental population, including renters currently in tenancies.
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Statistics New Zealand. (March 13, 2024). Monthly rental price index in Wellington, New Zealand from January 2022 to February 2024 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1315392/new-zealand-monthly-rent-price-index-wellington/
Statistics New Zealand. "Monthly rental price index in Wellington, New Zealand from January 2022 to February 2024." Chart. March 13, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1315392/new-zealand-monthly-rent-price-index-wellington/
Statistics New Zealand. (2024). Monthly rental price index in Wellington, New Zealand from January 2022 to February 2024. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1315392/new-zealand-monthly-rent-price-index-wellington/
Statistics New Zealand. "Monthly Rental Price Index in Wellington, New Zealand from January 2022 to February 2024." Statista, Statista Inc., 13 Mar 2024, https://www.statista.com/statistics/1315392/new-zealand-monthly-rent-price-index-wellington/
Statistics New Zealand, Monthly rental price index in Wellington, New Zealand from January 2022 to February 2024 Statista, https://www.statista.com/statistics/1315392/new-zealand-monthly-rent-price-index-wellington/ (last visited August 24, 2024)
Monthly rental price index in Wellington, New Zealand from January 2022 to February 2024 [Graph], Statistics New Zealand, March 13, 2024. [Online]. Available: https://www.statista.com/statistics/1315392/new-zealand-monthly-rent-price-index-wellington/