Rural & Lifestyle Property Data
Rural Press Release for June 2019
Lifestyle Press for for June 2019
Softer Winter – Harder Market
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 105 less farm sales (-24.6%) for the three months ended June 2019 than for the three months ended June 2018. Overall, there were 322 farm sales in the three months ended June 2019, compared to 380 farm sales for the three months ended May 2019 (-15.3%), and 427 farm sales for the three months ended June 2018. 1,342 farms were sold in the year to June 2019, 9.3% fewer than were sold in the year to June 2018, with 37.4% less Dairy farms, 5.9% more Grazing farms, 14.2% less Finishing farms and 18.8% less Arable farms sold over the same period.
Winter Temperatures Cool the Market
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 58 less lifestyle property sales (-3.0%) for the three months ended June 2019 than for the three months ended May 2019. Overall, there were 1,876 lifestyle property sales in the three months ended June 2019, compared to 1,995 lifestyle property sales for the three months ended June 2018 (-6.0%), and 1,934 lifestyle property sales for the three months ended May 2019.
Farm Sales Price Medians
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Lifestyle Block Sales Price Medians
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LATEST STATISTICS TABLE
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