More squeeze on tenants as rents around the country surge over by an average of 6%. Â
The latest CoreLogic housing stats show rental growth's running at historically high levels, rising 6.1% in the year to October. Â
It's roughly double the average growth rate over that same period, which is 3.2%. Â
Chief Property Economist Kelvin Davidson says high levels of migration is one of the main drivers. Â
He says wages have risen and the supply side has been tight as investors haven't been adding more to their stock of rental properties. Â
Davidson says this rise in rents is mainly driven by demand.Â
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