Rural Press Release for April 2018


Lifestyle Press for April 2018

Good Autumn Conditions Continue

Data released today by the Real Estate Institute of NZ (REINZ) shows there were 55 fewer farm sales (-11.6%) for the three months ended April 2018 than for the three months ended April 2017. Overall, there were 418 farm sales in the three months ended April 2018, compared to 388 farm sales for the three months ended March 2018 (+7.7%), and 473 farm sales for the three months ended April 2017. 1,468 farms were sold in the year to April 2018, 19.0% fewer than were sold in the year to April 2017, with 10.8% more finishing farms, 2.9% fewer dairy farms and 37.4% fewer grazing and 39.3% fewer arable farms sold over the same period.

Rural Press Release - April 2018

Autumn Recovery

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 205 more lifestyle property sales (11.9%) for the three months ended April 2018 than for the three months ended March 2018. Overall, there were 1,922 lifestyle property sales in the three months ended April 2018, compared to 2,156 lifestyle property sales for the three months ended April 2017 (-10.9%), and 1,717 lifestyle property sales for the three months ended March 2018.

Lifestyle Press Release - April 2018

Farm Sales Price Medians

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Lifestyle Block Sales Price Medians

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