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Caution Evident In Rural Sector

Caution Evident In Rural Sector

19 Aug 2015

Summary
Data released today by the Real Estate Institute of NZ (“REINZ”) shows there were 79 fewer farm sales (-15.4%) for the three months ended July 2015 than for the three months ended July 2014. Overall, there were 433 farm sales in the three months ended July 2015, compared to 479 farm sales for the three months ended June 2015 (-9.6%), and 512 farm sales for the three months ended July 2014. 1,719 farms were sold in the year to July 2015, 10.6% fewer than were sold in the year to July 2014.

Full report here

ENDS

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