FARMS IN DEM[?]

Rotorua Morning Post, Volume 2, Issue 408, 17 December 1932, Page 4

FARMS IN DEM[?]

MANY LOCAL S1 DESPITE LOW PRICE? b ARE LOORING Ffl land ^ MARKET'S HEALTH - y "Despite the present i., there- is a very definitel, tone in the land market k was a fortnight ago," Sa? rua land agent to a "jw representative yesterday t "Buyers are eonvincedj low prices for primaiy J only fleeting and with this' are acting far more fv^ the ease even a month aitinued. "The demand J, farms whieh can be their own at the present! if the seller can show tha' any reasonable possibilityj ing pToduetion on the are, business is resulting, j low prices buyers realisei is a chanee to get in (/ floor, hoth as regards % stoek and they are takbS of the opportunities."

Among the sales reporj the past fortnight are J of ^ undulating land all y price in the vicinity ofg| In another case 110 acre/j ngotaha about half 0f 41 proved, hut which has J house on it, changed hj per acre. A third tinrJ 200 acres close to Rotoroa! sold as a going- concern J mately £22 per acre. j ' "Taking everythfag J eration," said the agent | healthier tone in the ]J than there has been fora| past. People are convint-l low prices are only templ that they must rise." I Other items in the propJ such as lake side seetioa of sale and as far as toJ are coneerned there is a|l demand for them at pKJ are still a number of banfl obtained by those who atea ition to speculate a littlt.1 plenty offering at reasoj Rental houses are in strrl at from £1 to £1 5S peri furnished houses for the ti iod are wanted all overM Prices for these show al tion over former years. |