Hawkes Bay Rural Property Market Report Autum 2016

Download a full copy of the report with commentary and graphs.

Key Highlights over the previous 6 months:

  • Strong sale results for Hawke's Bay sheep and beef breeding and finishing properties selling above expectations in the latter part of 2015.
  • The proposed Ruataniwha Dam has enough water users signed up to make the scheme "cash positive".
  • Strong returns are being achieved in the horticulture pipfruit sector.
  • OCR rate reduced from 2.75% in the spring to 2.25% at present.
  • Renewed interest in forestry land market.  NZU price climbing and log prices strong.
  • Lack of any significant recovery in the Global Dairy Trade auctions.

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