Hawkes Bay Rural Property Market Report Spring 2016

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

Key Highlights over the previous 6 months:

  • Strong sale results in the Wairoa/Gisborne localities for sheep, cattle breeding and finishing farms
  • The proposed Ruataniwha Dam green light almost came on
  • The OCR rate is now 2% and rural lending is competitive leading to some very good mortgage rates
  • Pipfruit sector is going gang-busters!
  • Positive signals out of the Global Dairy Trade Auctions
  • Renewed interest in forestry sector due to increase in carbon price

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