Real Estate

Christmas treat for dairy

The latest Fonterra Global Dairy Auction on 16th December saw the overall GDT index rise by 1.3%. This followed a 4.3% jump two weeks earlier. The keystone product that determines Farmgate Milk Price is Whole Milk Powder, and this lifted a further 0.5% to US$3210/ tonne. The last time WMP was above $3200/tonne were the short-lived peaks in both January 2020 and July 2020. This rising GDT price...

Finishing properties maintain the lead

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 118 more farm sales (+45.4%) for the three months ended October 2020 than for the three months ended October 2019. Overall, there were 378 farm sales in the three months ended October 2020, compared to 401 farm sales for the three months ended September 2020 (-5.7%), and 260 farm sales for the three months ended...

Where is the lifestyle market heading

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 27 more lifestyle property sales (+1.0%) for the three months ended October 2020 than for the three months ended September 2020. Overall, there were 2,839 lifestyle property sales in the three months ended October 2020, compared to 1,664 lifestyle property sales for the three months ended October 2019 (+70.6%), and...

New look, same great team, same great service

At Rural and Lifestyle Sales we are excited to launch our new brand - signifying the next evolution for our company. It has always been our priority to stay ahead of the game and play our part in shaping the future of real estate, and that means being open to change and redefining yourself to be the best you can be.  Over the past eight years our brand has been built on trust, credibility and...

Fonterra Dairy Payout 2000-2020/21 Forecast

A very good profit announcement for Fonterra today reversing a big loss last year into a gain - around a $1 Billion shift - and at the same time paying down $1 Billion of debt. This should give farmer shareholders a lot of comfort given the testing times for other business sectors. We've been tracking Fonterra Payout since 1999. The pic below shows the trend over this time. While we well remember the...

M.Bovis on steroids

I think the whole country is now starting to have a greater appreciation what the “victims” of M.Bovis infection must have been going through this past couple of years...

Time to buy an farm?

Is it time to secure your future and get into farm ownership? Record low interest rates, good demand for milk and meat, and land prices that aren’t sky-rocketing out of control...

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