Posts tagged "Real Estate Institute of NZ"

Farm sales bloom in spring

[20 December/Rural News] In the recent months there has been an increase in farms changing hands as reported by the Real Estate Institute of NZ (REINZ). The latest REINZ sales report shows there were 20 more farm sales (+6.3%) for the three months ended November 2018, compared to same period last year. The median price...

NZ dairy farm prices drop 18% as environmental, foreign investment concerns start to bite

[30 October/NZ Herald] The Real Estate Institute of NZ has released figures that indicate the median price per hectare for dairy farms has fallen 18.3% over the last 12 months. Overall, the prices across all categories of agricultural land have fallen 7% on year on year. In commentary, REINZ said that the early spring farm...