Sales in the three months to August were down 21% compared to the same period last year.
An expert in rural real estate shares his top tips for first-time farm buyers.
Rural property market half as active as this time last year.
Canterbury rural sales of land 20ha and more are back one-third at 75 sales for the season, on last year’s sales of 109.
Median price per hectare on sales of other farm types over the past year all showed increases.
NZ Rural Land is eyeing European investors to make up rights issue shortfall.
Capital raising round to help buy $64m of forestry land in Manawatū-Whanganui.
Some regions are selling half as many properties as the same time last year.
Report says people are opting to sell up rather than struggle on.
Real Estate Institute of NZ flags concerning trends.
‘Benefit to NZ’ test won’t halt purchase of farms for forestry, says BLNZ.
Land and livestock subsidiaries return almost equal contributions.
The net asset value of the company’s shares has risen to $1.65.
New Zealand Rural Land Company (NZL) is raising more share equity to purchase two large Southland dairy farms…
Changes to rules that allow foreign investors to buy farmland for conversion to forestry, will affect about 20% of property purchases, a recent study shows.
STRONG dairy farm sales activity in the second half of last year shows renewed confidence in the national dairy market as the sector moves into 2022, Colliers national director of rural & agribusiness James Nilsson says.
Landowners wanting to capitalise on high commodity prices are likely to be behind a drop of almost 50% in farm sales for the three months ended December than for the same period a year before, Real Estate Institute of NZ rural spokesperson Brian Peacocke says.