02.08.2010 - RICS: Shortage of available rural land; increase in demand keeps prices up
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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