Rural

Recent Trends Show NZ Farm + Lifestyle Property Markets On The Rise

"We're seeing strong activity in the lifestyle market," O'Brien says, highlighting increased open home attendance.

New Zealand's rural and lifestyle property markets appear to be experiencing a notable upswing, Real Estate Institute of New Zealand (REINZ) Rural Spokesperson Shane O'Brien explains. 

He says the resurgence is largely driven by renewed confidence in the dairy sector and a beneficial drop in interest rates. 

Despite a slight dip in overall farm sales compared to last year, O'Brien tells Dom that farmers have been optimising costs, leading to a more optimistic outlook.

Listen to the full chat between Shane O'Brien and Dominic George above.

To check out more episodes listen to the REX Podcast anytime on your favourite streaming platforms including Spotify, Apple Music and Rova.

Visit the Rural Exchange Facebook or Instagram page for more information and regular updates from the REX team.