Northland listings look pretty much the same as they have been for the last 4 years. Supply and demand look to be in balance.

Rents rose in 2008, from around 19% of household incomes (including Govt subsidies) to around 22% where they have stayed. A quick look at incomes shows little relative change since 1999, they were then 75-80% of National incomes, they are now 75-83%. Here is a comparison rents as a percentage of Household Incomes with the major regions:

Jonette 2011