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It’s believed that Auckland's surging rental prices won't stop anytime soon. Â
According to global realtor and research firm Knight Frank, it's among the top three most expensive cities to rent in. Â
The price for prime property has risen 6%Â in the six months to September, second to Sydney and Singapore. Â
Aspire Property Management Managing Director Mike Atkinson told Mike Hosking that migrant arrivals continue to push prices. Â
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.Â
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