RURAL SALES RISE
Posted on November 14, 2011 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
I think I commented a couple of newsletters back that we were seeing increased interest in but not yet sales of rural properties. Well, that has changed, with rural property saes the highest in the past two months than for any two months in the past four years.
The farm gate income projections remain strong across almost all sectors of landuse notwithstanding that pressure has come of some unreasonably high export prices slightly and this continues to put positive spending pressure on regional towns and cities …and consequently pressure on their rental and property sales markets.
Filed under: REAL ESTATE | Tagged: Real Estate