Rural & Lifestyle Property Data
Released 20 November 2019
Rural Press Release for October 2019
Lifestyle Press for for October 2019
Energy-Saving Early Spring Market
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 3 less farm sales (+1.1%) for the three months ended October 2019 than for the three months ended October 2018. Overall, there were 260 farm sales in the three months ended October 2019, compared to 270 farm sales for the three months ended September 2019 (-3.7%), and 263 farm sales for the three months ended October 2018. 1,336 farms were sold in the year to October 2019, 9.4% fewer than were sold in the year to October 2018, with 36.0% less Dairy farms, 3.7% less Grazing farms, 13.6% less Finishing farms and 7.0% more Arable farms sold over the same period.
A Positive Improvement
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 14 more lifestyle property sales (+0.8%) for the three months ended October 2019 than for the three months ended September 2019. Overall, there were 1,664 lifestyle property sales in the three months ended October 2019, compared to 1,665 lifestyle property sales for the three months ended October 2018 (-0.1%), and 1,650 lifestyle property sales for the three months ended September 2019.