Rural & Lifestyle Property Data
Rural Press Release for November 2018
Lifestyle Press for for November 2018
Tremendous Spring – Variable Market
Data released today by the Real Estate Institute of NZ (REINZ) shows there were 20 more farm sales (+6.3%) for the three months ended November 2018 than for the three months ended November 2017. Overall, there were 336 farm sales in the three months ended November 2018, compared to 263 farm sales for the three months ended October 2018 (+27.8%), and 316 farm sales for the three months ended November 2017. 1,486 farms were sold in the year to November 2018, 5.9% fewer than were sold in the year to November 2017, with 11.2% less dairy farms, 2.8% fewer grazing farms, 3.2% less finishing farms and 12.6% fewer arable farms sold over the same period.
Benevolent Spring lifts Lifestyle Market
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 104 more lifestyle property sales (+6.2%) for the three months ended November 2018 than for the three months ended October 2018. Overall, there were 1,769 lifestyle property sales in the three months ended November 2018, compared to 1,829 lifestyle property sales for the three months ended November 2017 (-3.3%), and 1,665 lifestyle property sales for the three months ended October 2018./p>
Farm Sales Price Medians
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Lifestyle Block Sales Price Medians
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LATEST STATISTICS TABLE
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