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September 2024

Property report: NZ rural market optimistic after Federal Reserve rates cut
Despite a GDP drop for New Zealand this week, news of the US Federal Reserve’s first cut in interest rates in four years has led to positivity in the New Zealand rural real...
Property report: NZ rural market optimistic after Federal Reserve rates cut
Property report: NZ rural market optimistic after Federal Reserve rates cut

September 2024

Property report: NZ rural market optimistic after Federal Reserve rates cut

Despite a GDP drop for New Zealand this week, news of the US Federal Reserve’s first cut in interest rates in four years has led to positivity in the New Zealand rural real...
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...
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...
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...
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...
Property report: Tough times slowing the rural market

March 2024

Property report: Tough times slowing the rural market

The rural property market is finally starting to see more activity following a difficult period for farm sales. “To be brutally honest, it has been tough for some time,” General Manager...
Property Report: 2023 a tough year for rural real estate

December 2023

Property Report: 2023 a tough year for rural real estate

There’s no denying 2023 has been a challenging year for the rural real estate market. General manager of PGG Wrightson Real Estate, Peter Newbold told The Country’s Jamie Mackay it was...
Property report: Palpable change in the rural market

October 2023

Property report: Palpable change in the rural market

With the weekend yielding both an All Blacks quarter-final win in the Rugby World Cup and a change...
Property Report: Rural buyers optimistic about farming’s future

September 2023

Property Report: Rural buyers optimistic about farming’s future

Long-term confidence in primary sector returns is keeping the rural real estate market afloat, despite current headwinds. That’s the message from PGG Wrightson Real Estate’s Canterbury...
Property report: A tough year for the rural market

July 2023

Property report: A tough year for the rural market

The last 12 months in the rural property market have been among of the toughest in decades, according to the General Manager of PGG Wrightson Real Estate, Peter Newbold. Volumes have been low,...
Property report: Forestry and carbon farming

June 2023

Property report: Forestry and carbon farming

Jamie Mackay from The Country recently had his monthly real estate update from PGG Wrightson. Peter Newbold was unavailable but Peter Wylie, Real Estate Manager from the Waikato filled his boots...
Property Report: Monthly check on the pulse of the rural real estate market

May 2023

Property Report: Monthly check on the pulse of the rural real estate market

Jamie Mackay from The Country had his monthly catch-up with Peter Newbold, General...
Property report: Comparing the rural and residential markets

April 2023

Property report: Comparing the rural and residential markets

Jamie Mackay from The Country had his monthly catch-up with Peter Newbold, General Manager of PGG Wrightson Real Estate. The question on everyone's lips: is the rural market mirroring the housing...
Property report: Farm to forestry conversions ‘not slowing down’

March 2023

Property report: Farm to forestry conversions ‘not slowing down’

The Country’s Jamie Mackay talks to the GM of PGG Wrightson Rural Real Estate, Peter Newbold, about the sheep and beef farms that are being sold and how many are going to trees. Newbold said...
Property report: Market challenges mean vendors need to be realistic

November 2022

Property report: Market challenges mean vendors need to be realistic

Peter Newbold, general manager of PGG Wrightson Real Estate and Jamie Mackay from The Country have just had their monthly catch-up regarding the state of the rural property market. First off, Jamie...

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