Real estate: Rural sales remain solid in Bay of Plenty

There has been a steady period for finishing and grazing farms in eastern to southern areas. Photo / File

The Bay of Plenty has recorded a solid period of sales for horticultural units and steady period for finishing and grazing farms in the eastern to southern areas according to the Real Estate Institute of New Zealand.

However, there has been an easing of lifestyle sales in the region despite Bay of Plenty recording a 21 per cent increase in the median price of lifestyle properties.

Nationally the Reinz All Farm Price Index fell 4.7 per cent in the three months to February 2018 compared to the three months to January 2018.