Rural and Lifestyle Property Data
Rural Press Release for February 2018
Lifestyle Press for February 2018
An Easing in the Late Summer Market
Data released today by the Real Estate Institute of NZ (REINZ) shows there were 52 fewer farm sales (-11.9%) for the three months ended February 2018 than for the three months ended February 2017. Overall, there were 384 farm sales in the three months ended February 2018, compared to 396 farm sales for the three months ended January 2018 (-3.0%), and 436 farm sales for the three months ended February 2017.1,524 farms were sold in the year to February 2018, 13.5% fewer than were sold in the year to February 2017, with 20.3% more finishing farms, 19.0% more dairy farms and 32.4% fewer grazing and 36.2% fewer arable farms sold over the same period.
The Trend Continues
Data released today by the Real Estate Institute of NZ (REINZ) shows there were 192 fewer lifestyle property sales (-11.1%) for the three months ended February 2018 than for the three months ended January 2018. Overall, there were 1,530 lifestyle property sales in the three months ended February 2018, compared to 1,809 lifestyle property sales for the three months ended February 2017 (-15.4%), and 1,722 lifestyle property sales for the three months ended January 2018.
Farm Sales Price Medians
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Lifestyle Block Sales Price Medians
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