Displaying items by tag: real estate

Farm sales dropped for the three months ended December compared to the same period last year, says the Real Estate Institute of NZ (REINZ).

State-owned farmers Landcorp is quitting 10 more farms totalling about 11,650ha.

One of the largest freehold high country stations in Wanaka is now for sale, with strong national and international interest expected.

With the average age of New Zealand farmers pushing 60, and land values on a steady increase, it’s no surprise succession planning is currently top-of-mind for the agricultural industry.

Interest in dairy sheep is slowly but surely rising in New Zealand, claims real estate company Bayleys.

The median price for dairy farms per hectare has risen 50% over the past 12 months, says the Real Estate Institute of New Zealand (REINZ).

Orchard values are going through the roof compared even with pre-Psa levels, says Zespri chief operating officer Simon Limmer.

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

The next couple of months could be a telling time for decisions on dairy farm sales, says Real Estate Institute of NZ rural spokesman Brian Peacocke.

A drop in the primary produce commodity price index will scarcely affect land prices, says the real estate industry.