RURAL MARKETS ACTIVE
Posted on June 13, 2011 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
Early days but the economic news just gets better in the country.
Fine wools look to increase returns to the farm gate of up to 60%, red meat is 30 – 40% up and dairy just keeps going.
This has seen banks easing their deposit expectations of farm buyers, this in turn resulting in a lift in enquiry.
Rural towns are slowly seeing the results of increased farmer confidence and spending…and those markets are starting to move too.
It won’t be long I’m sure before this trickles into the urban markets too.
Filed under: REAL ESTATE | Tagged: Real Estate