Rural news and publications

Momentum shift now appears imminent

August 2024

Momentum shift now appears imminent

By Peter Newbold, General Manager, PGG Wrightson Real Estate Two key signs point to a long-awaited shift in momentum for the dairy property market. Winter is traditionally quiet in our business,...
Market poised for spring upturn

August 2024

Market poised for spring upturn

Winter activity in the property market is often subdued, and this year has been no exception. However, heading into the spring we could be in line for a long-awaited shift in momentum. Nationwide...
Property report: Rural market resurgence may happen sooner than expected

July 2024

Property report: Rural market resurgence may happen sooner than expected

Challenges facing the rural real estate market may abate sooner than anticipated. That’s the belief of PGG Wrightson’s General Manager for Real Estate, Peter Newbold. Speaking to The...
Canterbury rural property identified for potential diversification to horticulture

July 2024

Canterbury rural property identified for potential diversification to horticulture

Land use could become more diversified in Canterbury if a handful of recent sales signals the start...
Property report: ‘Challenging’ rural market remains subdued

June 2024

Property report: ‘Challenging’ rural market remains subdued

Activity in the rural real estate market remains subdued, with around 30% less buyer activity than 12 months ago. That’s according to PGG Wrightson General Manager of Real Estate, Peter...
After tough times, Hawke’s Bay and East Coast rural property market stabilising

June 2024

After tough times, Hawke’s Bay and East Coast rural property market stabilising

After 2023 presented huge challenges to the region, this winter and the spring to come should see more normal conditions return to the Hawke’s Bay and East Coast rural property...
Overseas forestry investment in marginal sheep and beef country may be set to return

June 2024

Overseas forestry investment in marginal sheep and beef country may be set to return

Converting sheep and beef country to forestry is a controversial subject in many rural communities. However, for those seeking to optimise a farm’s value and therefore quit it in the best...
Highly regarded Marlborough dairy farm sells for first time since 1860s

June 2024

Highly regarded Marlborough dairy farm sells for first time since 1860s

One of Marlborough’s most admired and longest held farms sold in March.  Raidale, a 322...
Regional Real Estate Reports - June 2024

June 2024

Regional Real Estate Reports - June 2024

Read a snapshot about the current trends of the property market in your region.    Northland While a good range of the region’s properties are available for sale, buyers...
Dairy paving the way for rural property market recovery

May 2024

Dairy paving the way for rural property market recovery

Dairy looks set to lead the recovery of the rural property market. Having been at a low point of the cycle for several months, the market now seems poised to rebound, with dairy farm sales likely to...
Property report: Momentum remains subdued in the rural market

May 2024

Property report: Momentum remains subdued in the rural market

 Momentum in the rural property market remains subdued, with farm sales for the calendar year significantly down. PGG Wrightson General Manager of Real Estate, Peter Newbold, put that figure...
Much loved Waikato dirt bike park for sale

May 2024

Much loved Waikato dirt bike park for sale

A high-profile Waikato adventure tourism business, within easy reach of Auckland and Hamilton and...
Coastal vs. Country - where should you set up home in the regions of New Zealand?

May 2024

Coastal vs. Country - where should you set up home in the regions of New Zealand?

From the bright lights of the big cities, to picturesque provincial towns and, as some may say, ‘the sticks’, there’s no shortage of places to call home in New Zealand. But with all...
Property report: Rural market hits a low but there’s hope for the future

April 2024

Property report: Rural market hits a low but there’s hope for the future

The rural property market has reached “the bottom,” but “won’t need a lot of change for things to move forward.” That was the message from the general manager of PGG...
One of Northland’s ‘most highly prized coastal properties’ is ready for buyers

April 2024

One of Northland’s ‘most highly prized coastal properties’ is ready for buyers

The ‘winterless north’ of New Zealand has long been a favoured destination for those seeking an unsurpassed lifestyle. Now there’s the opportunity for an astute buyer (or even...