Rural & Lifestyle Property Data
Rural Press Release for March 2019
Lifestyle Press for for March 2019
Easing Trend Continues
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 57 less farm sales (-14.7%) for the three months ended March 2019 than for the three months ended March 2018. Overall, there were 331 farm sales in the three months ended March 2019, compared to 370 farm sales for the three months ended February 2019 (-10.5%), and 388 farm sales for the three months ended March 2018. 1,448 farms were sold in the year to March 2019, 4.3% fewer than were sold in the year to March 2018, with 28.0% less Dairy farms, 19.3% more Grazing farms, 16.3% less Finishing farms and 4.5% more Arable farms sold over the same period.
A Stronger Pulse in the Market
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 144 more lifestyle property sales (+9.8%) for the three months ended March 2019 than for the three months ended February 2019. Overall, there were 1,612 lifestyle property sales in the three months ended March 2019, compared to 1,717 lifestyle property sales for the three months ended March 2018 (-6.1%), and 1,468 lifestyle property sales for the three months ended February 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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