Wet weather stalls farm marketing but sales steady

17 November 2016

(DATA ANALYSIS) Farm sales in New Zealand have eased in the three months ended October compared to the three months ended September with 35 fewer farms being sold for the period, though compared to the same three-month period a year ago the trend is similar. 

OIO refuses consent for farm already sold

2 November 2016

A Warkworth property listed by Quotable Value as dairying land is in limbo after the Overseas Investment Office rejected an application from its Chinese buyers for retrospective consent.

New Zealand needs foreign capital

2 November 2016

New Zealand needs more overseas investment directed into NZ-owned companies, KPMG global agribuisness head Ian Proudfoot says.

Farm sales ahead of last year as spring kicks-off

20 October 2016

(DATA ANALYSIS) There were 51 more farm sales for the three months ended September 2016 compared to the same period a year earlier, the Real Estate Institute of New Zealand (REINZ) says. 

Grazing farms dominate winter sales

20 September 2016

(DATA ANALYSIS) Farm sales have slowed heading into spring with grazing farms accounting for most of the activity.

However, while dairy sales are constrained, data from the Real Estate Institute of New Zealand has recorded higher median sale prices. 

Foreign trading dominates land sales

19 September 2016

The gross amount of freehold land approved for sale by the Overseas Investment Office so far this year has already eclipsed the whole of 2015 but net figures tell a different story, with more passing from one foreign owner to another.

Hort propping up regions, Westpac

21 August 2016

Parts of New Zealand exposed to horticulture, and to a certain extent forestry, are the standout performers in Westpac’s latest regional round-up.

Interest in forestry blocks strong

2 August 2016

(NEWS ALERT) Despite carbon prices soaring in recent months, demand for forestry blocks is being driven by the value of the wood crop rather than potential carbon value, Bayleys Real Estate says. 

Farm sales volumes ease

18 July 2016

(DATA ANALYSIS) The number of farms sold for the three months to June 2016 eased for most categories with the exception of horticultural properties which remained stable. 

Dairy farm sales in doldrums while horticulture shines

19 April 2016

The outperformance of New Zealand’s horticulture industry and the lacklustre dairy industry are showing through in the latest land sales data for the first quarter of this year.

Dairy farm sales volumes fell to a five-year low, while horticulture land volumes jumped to the highest in nine years, according to Real Estate Industry of NZ (REINZ) figures.