B Rural & Lifestyle Property Data

Released 16 September 2020


Rural Press Release for August 2020


Lifestyle Press for August 2020

Rural Market Poised for Spring

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 121 more farm sales (+45.7%) for the three months ended August 2020 than for the three months ended August 2019. Overall, there were 386 farm sales in the three months ended August 2020, compared to 341 farm sales for the three months ended July 2020 (+13.2%), and 265 farm sales for the three months ended August 2019. 1,252 farms were sold in the year to August 2020, 7.2% fewer than were sold in the year to August 2019, with 22.9% less Dairy farms, 14.1% less Grazing farms, 15.3% less Finishing farms and 6.1% more Arable farms sold over the same period.

Rural Press Release - August 2020

Record Lifestyle Results Continue

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 556 more lifestyle property sales (+28.4%) for the three months ended August 2020 than for the three months ended July 2020. Overall, there were 2,512 lifestyle property sales in the three months ended August 2020, compared to 1,745 lifestyle property sales for the three months ended August 2019 (+44.0%), and 1,956 lifestyle property sales for the three months ended July 2020.

Lifestyle Press Release - August 2020

Farm Sales Price Medians

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Lifestyle Block Sales Price Medians

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LATEST STATISTICS TABLE

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