Price of Farmland Not Immune to the Crunch ; in Association with Www.Rbs.Co.Uk Agriculture Drop in Demand for Recreation Space Weakens Land Prices

Summary


The rocketing price of farmland in the West Midlands is beginning to ease amid the credit squeeze and economic doom, a report has shown.

The fall is being driven by a drop in demand for recreation land as buyers pull out of themarket. At the sametime, however, demand for high quality arable and livestock land remains high.

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Extract


Price of Farmland Not Immune to the Crunch ; in Association with Www.Rbs.Co.Uk Agriculture Drop in Demand for Recreation Space Weakens Land Prices

As recently as June this year, estate agent and property services company Savills was reporting that farmland sales had risen by 30 per cent since Dec...

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