REAL ESTATE ARCHIVES

Agency picks good farm-selling season

31 August 2018

Older sheep and beef farmers might see the next few months as an ideal time to sell their farms, rural real estate agency PGG Wrightson says in a spring outlook.

High lamb prices, a firm beef schedule, weakening currency and very low interest rates are all pointers to a positive outlook that could spur buyers into action, the firm’s real estate general manager Peter Newbold said.

Farm prices down 21.6%

24 August 2018

Median farm prices fell sharply year-on-year to the end of July but the overall index is firmer after taking farm types, sizes and location into account.

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