Rural & Lifestyle Property Data
Rural Press Release for July 2019
Lifestyle Press for for July 2019
A Gentle Winter – A Variable Market
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 102 less farm sales (-25.7%) for the three months ended July 2019 than for the three months ended July 2018. Overall, there were 295 farm sales in the three months ended July 2019, compared to 397 farm sales for the three months ended June 2019 (-8.4%), and 397 farm sales for the three months ended July 2018. 1,339 farms were sold in the year to July 2019, 9.0% fewer than were sold in the year to July 2018, with 38.4% less Dairy farms, 2.1% more Grazing farms, 12.0% less Finishing farms and 16.0% less Arable farms sold over the same period.
A Solid Market Sprinkled with Inconsistencies
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 57 more lifestyle property sales (+3.0%) for the three months ended July 2019 than for the three months ended June 2019. Overall, there were 1,933 lifestyle property sales in the three months ended July 2019, compared to 1,883 lifestyle property sales for the three months ended July 2018 (+2.7%), and 1,876 lifestyle property sales for the three months ended June 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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