From the coffee shops in rural Ontario to the GO trains bound for the GTA, farming and particularly farm values have been a hot topic these past few years.
Canadian farmland between 2010 and 2014 increased by 75.9% according to Farm Credit Canada (FCC) so naturally farmers and non-farmers alike have been paying attention!
The most common questions we’ve received over the past year, both at farm shows and kitchen tables, have been “When is this going to stop?” “What do you expect values to do now?” and “Will this market crash?!”
The big surprise looking back at 2016 was the estimated 5.88% increase land values in Southwestern Ontario experienced. In fact, Ryan Parker (Valco Appraisers) in his annual land values report, indicated only 3 of SW…