Displaying items by tag: farm sales

Farm sales are easing and farmers may be holding onto land to cash in on high commodity prices.

Sales figures for farm sales reveal an increasing confidence in the rural sector, says a spokesman for the Real Estate Institute of New Zealand (REINZ).

Data released by the Real Estate Institute of New Zealand (REINZ) shows a 56.4% rise in the number of farm sales for the three month-period ending November 2020.

Farm sales are dropping, according to data released by the Real Estate Institute of New Zealand (REINZ).

The low payout may starting to affect farm sales in the dairy sector.

A large North Canterbury dairy farm, believed to be Canterbury's highest priced rural property sale in 2014, shows the strength of demand for dairy land, despite the sector's falling payouts.

FIVE MORE farms, a total of 347, sold in the three months to September, 2014 as compared to the same three month period last year.

FOUR FARM sales earlier this month suggest that recent falls in dairy payout forecasts have not diminished appetite for investment in the industry, says a leading national rural property salesperson.

THE MEDIAN FARM price per hectare rose 10% from March to April to $24,574, says the Real Estate Institute of New Zealand.