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Wednesday, April 25, 2018

Farmland values rising in Ontario - My Stratford Now

Farmland values rising in Ontario - My Stratford Now: It’s a good time to own farmland in our area.

According to Farm Credit Canada, average farmland values increased by 9.4 per cent last year, coming on the heels of gains 4.4 per cent in 2016 and 6.6 per cent in 2015 and making the province one of the leaders for average increases compared to the rest of the country.

Farm Credit Canada Senior Appraiser Dale Litt says there a number of reasons for the increase.