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In November 2020, professional agencies managed 42% of the bonds lodged within the bond centre. Based on that statistic, it shows us that 58% of rental properties are still managed privately by landlords in New Zealand. Although it is not a legal requirement to lodge a bond, this statistic provides excellent insight into the industry's current state.

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Median prices for residential property across New Zealand increased by 28.7% from $637,000 in June 2020 to $820,000 in June 2021, according to the latest data from the Real Estate Institute of New Zealand (REINZ).

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This month, we have opted to bring a summary of key discussion points held with Rural Professionals this autumn and the key drivers of value underpinning our primary sector.

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The Emissions Trading Scheme (ETS) is New Zealand's main tool for meeting our domestic and international climate change targets.

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Businesses, residents, and community members are breathing a sigh of relief with Grant Robertson announcing this month that the four-lane, 24km Otaki to North of Levin Expressway will be going ahead.

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Median prices for residential property across New Zealand increased by 32.3% from $620,000 in May 2020 to $820,000 in May 2021, according to the latest data from the Real Estate Institute of New Zealand (REINZ).

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