Farm sales and prices ease on year June
Thursday, 19 July 2018, 12:58 pm
Farm sales and prices ease on year June but horticulture
By Rebecca Howard
July 19 (BusinessDesk) -
Farm sales fell 7 percent on the year in the three months to
June and the median price per hectare was down 16.3 percent
although horticulture farm prices continued to push higher,
according to the Real Estate Institute.
Overall, 427 farms
were sold in the three months ended June 30 from 459 farms
in the same period a year earlier. Some 1,480 farms were
sold in the year to June, down 17 percent on the year.