Displaying items by tag: property

OPINION: New Zealanders have a love affair with property investment. After securing a family home, buying a rental property is traditionally seen as a safe way to build wealth over the long term.

Mount Cook Station has been sold to a local couple who intend to farm it themselves.

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.

Data released by the Real Estate Institute of NZ ("REINZ") shows there were 25 more farm sales (+9.8%) for the three months ended November 2012 than for the three months ended October 2012.