Rural & Lifestyle Property Data
Rural Press Release for June 2017
Lifestyles Press for June 2017
Softening Tone to Rural Real Estate Market
Data released today by the Real Estate Institute of NZ (“REINZ”) shows there were 13 fewer farm sales (-2.8%) for the three months ended June 2017 than for the three months ended June 2016. Overall, there were 459 farm sales in the three months ended June 2017, compared to 514 farm sales for the three months ended May 2017 (-10.7%), and 472 farm sales for the three months ended June 2016. 1,784 farms were sold in the year to June 2017, 2.6% more than were sold in the year to June 2016, with 37% more finishing farms, 27% more dairy farms and 12% fewer grazing and 16% fewer arable farms sold over the same period.
Rural Press Release - June 2017
Latest Price Index
Lifestyle Market Softens as Winter Bites
Data released today by the Real Estate Institute of NZ (REINZ) shows there were 392 fewer lifestyle property sales (-15.8%) for the three months ended June 2017 than for the three months ended June 2016. Overall, there were 2,088 lifestyle property sales in the three months ended June 2017, compared to 2,304 lifestyle property sales for the three months ended May 2017 (-9.4%), and 2,480 lifestyle property sales for the three months ended June 2016.
Farm Sales Price Medians
Click Image To Zoom
Lifestyle Block Sales Price Medians
Click Image To Zoom
