Peter Newbold is the General Manager of PGG Wrightson. Today he takes his monthly look at the rural real estate market with The Country's Jamie Mackay.
A record price of over $57k per hectare has been paid for a Canterbury cropping farm. Peter talks about this property along with whether the wet weather and interest in the upcoming election has slowed the real estate market down.
Finally Peter gives an overview of the rural property market and Jamie highlights this week's Property of the Week.
Listen to the full interview in the Soundcloud embed below:
