Displaying items by tag: real estate

Buoyed by strong forecasts for milk prices and a renewed demand for dairy assets, the South Island rural real estate market has begun the year with positive momentum, according to Colliers.

Farm sales are on the rise. According to recent data from the Real Estate Institute of New Zealand (REINZ), there was an 18.9% increase in farm sales for the three months ending August 2024 compared to the same period in 2023.

Recently released data from the Real Estate Institute of New Zealand (REINZ) shows there were 224 fewer farm sales (-48.6%) for the three months ended April 2023, compared to the same period last year.

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.

A floating and volatile situation – that’s how the Real Estate Institute of NZ rural spokesperson Brian Peacocke describes the current value of dairy farms around the country.

High-profile South Canterbury dairy farmers Aad and Wilma van Leeuwen have put a number of their farms up for sale.

The Hound reckons news that an Austrian billionaire has been granted consent to purchase an $8m Hill Country farm, is living proof that the NZ First’s billion tree policy is a disaster for farming in this country.

Just two dairy farms have changed hands in Canterbury/North Otago in the current season, according to the just-released Colliers Dairy Property Market Review for 2020.

Farm sales were down 21.6% for the three months ended December 2019 versus the year prior ­— but sales look to be lifting.

Farmer groups are backing Government proposals to prevent productive land from falling to housing development.