Displaying items by tag: real estate

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.

THE REAL Estate Institute of New Zealand's dairy farm price index is up 34.4% year on year, figures released for the three months ending October show.

THE MEDIAN FARM price per hectare rose 10% from March to April to $24,574, says the Real Estate Institute of New Zealand.

A 202ha, FLAT, dry-stock farm, described as one of the most admired in the Wairarapa, sold under the hammer last week at $5.61 million, well in excess of its $4.8 million 2011 government valuation.

FARM SALES WERE up 47.3% (133 farms) for the three months ending November 2013, compared to the same period in the previous year, says the Real Estate Institute of New Zealand.

Despite lower farm sales in the three months to the end of October compared to last year, the Real Estate Institute of New Zealand (REINZ) expects a lift this month.

Data released today by the Real Estate Institute of NZ (REINZ) shows there were 13 more farm sales (+3.3%) for the three months ended June 2012 than for the three months ended June 2011.