B Rural and Lifestyle Property Data



Rural Press Release for November 2017


Lifestyles Press for November 2017

Difficult Conditions Constrain Rural Market

Data released today by the Real Estate Institute of NZ (REINZ) shows there were 131 fewer farm sales (-29.3%) for the three months ended November 2017 than for the three months ended November 2016. Overall, there were 316 farm sales in the three months ended November 2017, compared to 261 farm sales for the three months ended October 2017 (+21.1%), and 447 farm sales for the three months ended November 2016. 1,577 farms were sold in the year to November 2017, 12.5% fewer than were sold in the year to November 2016, with 29.8% more finishing farms, 29.2% more dairy farms and 34.6% fewer grazing and 32.5% fewer arable farms sold over the same period.

Rural Press Release - November 2017

 

November Market Improves

Data released today by the Real Estate Institute of NZ (REINZ) shows there were 374 fewer lifestyle property sales (-17%) for the three months ended November 2017 than for the three months ended November 2016. Overall, there were 1,831 lifestyle property sales in the three months ended November 2017, compared to 1,727 lifestyle property sales for the three months ended October 2017 (+6.0%) and 2,205 lifestyle property sales for the three months ended November 2016.

Lifestyle Press Release - November 2017

Farm Sales Price Medians

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Lifestyle Block Sales Price Medians

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