Rural property market
Fewer farms are selling and lifestyle block sales are bouncing along the bottom
Farm sales in three months to January down 38% on a year earlier, lifestyle block sales also languishing
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Farm sales in three months to January down 38% on a year earlier, lifestyle block sales also languishing
Farm sales were down 32% last year, lifestyle block sales down 20%
Real Estate Institute of New Zealand says lifestyle block sales are down 45% on a year ago
Sales of farms and lifestyle blocks both down by more than 50% compared to two years ago
Lifestyle block sales in Q1 2022 down by a third compared to same time last year
Farms and lifestyle block sales halved in Q4 2021 compared to a year earlier