Rural & Lifestyle Property Data
Rural Press Release for October 2018
Lifestyle Press for October 2018
A Great Spring For Farming
Data released today by the Real Estate Institute of NZ (REINZ) shows there were 2 more farm sales (+0.8%) for the three months ended October 2018 than for the three months ended October 2017. Overall, there were 263 farm sales in the three months ended October 2018, compared to 250 farm sales for the three months ended September 2018 (+5.2%), and 261 farm sales for the three months ended October 2017. 1,475 farms were sold in the year to October 2018, 10.5% fewer than were sold in the year to October 2017, with 7.7% less dairy farms, 5.6% fewer grazing farms, 13.2% less finishing farms and 22.5% fewer arable farms sold over the same period.
Market Responds to the Freshness of Spring
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 61 more lifestyle property sales (+3.8%) for the three months ended October 2018 than for the three months ended September 2018. Overall, there were 1,665 lifestyle property sales in the three months ended October 2018, compared to 1,725 lifestyle property sales for the three months ended October 2017 (-3.5%), and 1,604 lifestyle property sales for the three months ended September 2018.
Farm Sales Price Medians
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Lifestyle Block Sales Price Medians
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LATEST STATISTICS TABLE
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