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Rural Land Market Survey 2016

Rural Land Market Survey 2016

RICS H2 2016 – Uncertainty and squeezed profitability continues to weigh on demand.

The RICS/RAU Rural Land Market Survey H2 for 2016 shows a further softening in demand for farmland over the period.

Supply has also fallen back in H2.

Uncertainty of Brexit and future subsidies as well as low commodity prices (and a squeeze on profitability) are given as the key factors hindering the market.

Average farm rents reported as falling by 5% in H2 which translates into an annual decline of 11%