RURAL MARKET UPDATE
Posted on April 7, 2010 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
Yes, it’s been a very quiet time for rural property transactions these past few months but with the leveling of dairy payouts along with a lift in meat and wool income projections, we are seeing more interest in farm purchases again.
Finance remains a challenge, but increasingly we are seeing strong business plans convincing the very conservative rural banking sector to support purchases. Expect an ongoing lift in this sector.
Filed under: REAL ESTATE | Tagged: Real Estate