This issue of Lifestyle & Rural Property Focus features:
- A gentle winter. A variable market
- Rural lending tightening despite record low interest rates
- Recent transactions
This issue of Lifestyle & Rural Property Focus features:
Data released by the Real Estate Institute of New Zealand (REINZ) shows there were 57 less farm sales (-13.6%) for the three months ended January 2020 than for the three months ended January 2019. Overall, there were 363 farm sales in the three months ended January 2020, compared to 345 farm sales for the three months ended December 2019 (+5.2%), and 420 farm sales for the three months ended January 2019. 1,277 farms were sold in the year to January 2020, 14. 7% fewer than were sold in the year to January 2019, with 40.3% less Dairy farms, 3.9% less Grazing farms, 28.4% less Finishing farms and 9.8% less Arable farms sold over the same period.
This issue of Lifestyle & Rural Property Focus features:
Harcourts NZ is welcoming a wealth of experience and knowledge back into its corporate team with the appointment of Jim Davis to the newly created role of Lifestyle/Rural, Christchurch/South Island Business Development Manager.
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