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Real Estate Briefing - Categorized | Developers, Market Moves more

RICS: Shortage of available rural land; increase in demand keeps prices up

Posted on 02 August 2010

From Europe-re.com: The H1 2010 RICS rural land market survey paints a somewhat mixed picture with respect to prices. The transaction based measure of farmland prices fell by 6% (from £16,126 to £15,177 per hectare (approx. €19,285 – €18,150)) during H1, but the opinion based measure increased by 6% (from £12,715 to £13,530 per hectare) over the same period.
This divergence in trends can be attributed, in part, to the way both measures are constructed……………………………………….Full Article: Source

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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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