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2024 Land Values Study

Canadian Farmland Values Continue Upward Trend in 2024

The average value of Canadian farmland increased by 9.3% in 2024, continuing a long-term upward trend in farm real estate prices. While slightly lower than the previous year’s growth, this steady rise reflects ongoing strong demand, limited land supply, and lower borrowing costs.

For a full breakdown of 2024 Southwestern Ontario farmland values, check out the full report.

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