Rural & Lifestyle Property Data
Released 20 May 2020
Rural Press Release for April 2020
Lifestyle Press for April 2020
Sales Volumes Heavily Impacted by Lockdown
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 111 less farm sales (-30.7%) for the three months ended April 2020 than for the three months ended April 2019. Overall, there were 251 farm sales in the three months ended April 2020, compared to 281 farm sales for the three months ended March 2020 (-10.7%), and 362 farm sales for the three months ended April 2019. 1,167 farms were sold in the year to April 2020, 19.0% fewer than were sold in the year to April 2019, with 28.8% less Dairy farms, 19.9% less Grazing farms, 29.6% less Finishing farms and 17.2% less Arable farms sold over the same period.
Lifestyle Volumes Decimated
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 294 less lifestyle property sales (-16.7%) for the three months ended April 2020 than for the three months ended March 2020. Overall, there were 1,471 lifestyle property sales in the three months ended April 2020, compared to 1,752 lifestyle property sales for the three months ended April 2019 (-16.0%), and 1,765 lifestyle property sales for the three months ended March 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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