New Zealand Farmers hit hard by plummeting property values

Posted by admin on March 29th, 2009 filed in Uncategorized

Latest figures from the Real Estate Institute show the median farm selling price was $1.26 million in the three months to February, down 27.6 percent compared to the median of $1.74m for the three months to August last year when the market was at its peak.   Not surprisingly, dairy farms were one of the biggest [...]

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