Farm sales

Farm gate sales hold and prices firm, but bulk lifestyle sales plunge

The rural property market started this year with a split personality with farm sales buoyant but lifestyle blocks in the doldrums The rural property market started the year with agricultural sales figures at similar levels to a year ago, but sales of lifestyle properties declined markedly. According to the Real Estate Institute of NZ, 489 […]

Farm sales

Easing of agricultural sales – REINZ

Agricultural sales decline and farmers may hold onto land to take advantage of high commodity prices. Data released this week by the Real Estate Institute of New Zealand (REINZ) shows that there were 256 fewer farm sales for the three months ended December 2021 than for the three months ended December 2020. Overall, there were […]

Farm sales

Good morale, financial stability contribute to the increase in farm sales

A total of 1,549 farms were sold in the year ending March 2021, an increase of 27.3 from the year ending March 2020. “Sales figures for the three months ending March 2021 reflect solid activity in the rural sector, although most categories saw a slight decline in figures compared to the previous three months,” Brian […]