Tag Archives: farmland values

Cost of Land Just Keeps Going Up: FCC Farmland Values Report

Posted by Darcy Smith on May 07, 2019

2018-farmland-values-report-e-1

Well, the numbers are in – and farmland gets more expensive every year! Farm Credit Canada (FCC) just released the 2018 Farmland Values Report, highlighting the high cost of land in B.C. The average value of Canadian farmland increased 6.6% in 2018, and our fair province is just above the national average at 6.7% – compare that to a 2.7% increase in B.C. in 2017. For new farmers trying to break into the sector, steep land prices effectively shut them out of the farmland real estate market. This means that alternative land access models such as leasing are more important than ever in helping … Continue reading Cost of Land Just Keeps Going Up: FCC Farmland Values Report