RURAL MARKETS MOVING…AND SHARING
I’ve mentioned previously that the rural sector is enjoying stable and considerably increased income streams this past year or so and as a result more buyers are interested in making the step to their next property.
However, whereas big city partnerships were in the market earlier in the century it is now owner operators and or local farmer partnerships or syndicates that are showing up most often.
This appears to be the case in meat and wool sectors as well as dairy. Forestry blocks are particularly popular.
With news of good trial results for an antibiotic treatment of the Kiwifruit PSA scourge, some in that market are predicting a quiet, down-priced return to sales in the new year.
Provincial towns are enjoying the spending that comes from better farm incomes….as an example, what about the 75% increase in fertilizer sales that the national agri-nutrient company, Balance, reported last week!
Filed under: REAL ESTATE | Tagged: Real Estate