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NZ: Reality hits hard for farmers trying to sell

Posted on 29 November 2010

From Stuff.co.nz: Farm sales across the country are practically at a standstill, with rural property analysts saying farmers need to be more realistic about what their land is worth.

An anticipated spring sales rush failed to occur, which meant that just 147 farms were sold in New Zealand in the three months to the end of October – a 60 percent tumble from 2008 and an all-time low since records began in 1996…………………………………….Full Article: Source


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