Rural & Lifestyle Property Data
Released 19 March 2020
Rural Press Release for February 2020
Lifestyle Press for February 2020
Volumes, Values & Volatility
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 41 less farm sales (-11.1%) for the three months ended February 2020 than for the three months ended February 2019. Overall, there were 329 farm sales in the three months ended February 2020, compared to 363 farm sales for the three months ended January 2020 (-9.4%), and 370 farm sales for the three months ended February 2019. 1,253 farms were sold in the year to February 2020, 14.8% fewer than were sold in the year to February 2019, with 37.0% less Dairy farms, 10.0% less Grazing farms, 27.9% less Finishing farms and 9.9% less Arable farms sold over the same period.reinz
Lifestyle Market Remains Steady
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 31 less lifestyle property sales (-1.7%) for the three months ended February 2020 than for the three months ended January 2020. Overall, there were 1,769 lifestyle property sales in the three months ended February 2020, compared to 1,468 lifestyle property sales for the three months ended February 2019 (+20.5%), and 1,800 lifestyle property sales for the three months ended January 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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