Lack of confidence cools farmland prices

Agricultural land values rose by 1.1% in 2015, to stand at €9,800 per acre, according to Ireland’s largest firm of estate agents.
Lack of confidence cools farmland prices

Following average price growth in farmland of 3% recorded in 2014, continuing price gains were estimated at 1.5% in the first nine months of 2015, but prices dipped in the final quarter by 0.4%, according to the latest report from the Sherry FitzGerald Group, which has more than 90 owned and franchised branches throughout Ireland.

The regions with the best price gains in 2015 were the South-East and the West, at 4.3% and 4% respectively, followed by the South-West, at 0.8%.

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