Rural & Lifestyle Property Data
Released 16 October 2019
Rural Press Release for September 2019
Lifestyle Press for for September 2019
A Restrained Early Spring Market
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 20 more farm sales (+8.0%) for the three months ended September 2019 than for the three months ended September 2018. Overall, there were 270 farm sales in the three months ended September 2019, compared to 265 farm sales for the three months ended August 2019 (+1.9%), and 250 farm sales for the three months ended September 2018. 1,361 farms were sold in the year to September 2019, 6.7% fewer than were sold in the year to September 2018, with 37.0% less Dairy farms, 3.2% more Grazing farms, 7.8% less Finishing farms and 4.4% less Arable farms sold over the same period.
Quality Continues to Sell Well
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 96 less lifestyle property sales (-5.4%) for the three months ended September 2019 than for the three months ended August 2019. Overall, there were 1,650 lifestyle property sales in the three months ended September 2019, compared to 1,604 lifestyle property sales for the three months ended September 2018 (+2.9%), and 1,745 lifestyle property sales for the three months ended August 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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