PROVINCIAL MARKETS ENJOYING RURAL ACTIVITY
Posted on December 6, 2011 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
There’s just no doubt about it, the better farm incomes enjoyed by most rural sectors this past year or so are having a real effect on rental and purchase demand in rural service towns and the larger regional towns and cities. Increased farm expenditure and an increase in on-farm staff seems to be driving those markets strongly.
As an aside, our Taranaki rural team sold more farms in November than the entire industry in that region sold in the May – October period! Things are on the move there!
Filed under: REAL ESTATE | Tagged: Real Estate