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Business Scoop » Optimism Continues In The Lifestyle Sector
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Monday, 22 February 2021, 6:23 pm
Data released today by the Real Estate Institute of New
Zealand (REINZ) shows there were 154 more farm sales
(+42.4%) for the three months ended January 2021 than for
the three months ended January 2020. Overall, there were 517
farm sales in the three months ended January 2021, compared
to 520 farm sales for the three months ended December 2020
(-0.6%), and 363 farm sales for the three months ended
January 2020.
1,486 farms were sold in the year to
January 2021, 16.4% more than were sold in the year to
January 2020, with 39.2% more Dairy farms, 6.5% less Grazing
farms, 29.7% more Finishing farms and 26.2% less Arable
farms sold over the same period.