Farmland values Canada 14% Sk 18.7%

[rockpile]

A quarter of irrigation near Vauxhall sold for 1.2 mil this past winter. Sugar beets and potato country.

[furrowtickler]

The last few land sales since the new year have been in the 2.5 X assessment here, down from the 3-3.5 x assessment the past 3-4 years. It will be interesting to see the same report next year this time.

[SASKFARMER3]

In our area prime land is trading higher as one or two guys who sold companies for Millions are purchasing and actually farming. Throw in South African farmers who are paying way over value. The Chineese have backed off or stopped all together. They over paid for poor land to the north of us. THe one who bought prime is complaining all the time that his renter doesn't give him a decent profit from Vancouver. The large land sale that happened last summer by the Ontario teachers pension plan was a decent price and paid for the yard real well.
Real farmers buying in wet areas like free wheat is talking about are paying less than other years. The Melville sales prove it. The same farmer sold 14 in the fall and kept the best 7 for the sale he lost on the last 7.
So if you live in a area with lots of foreign money coming in or a crop area that hasn't seen problems, or guys who liquidated Companies and now are play farming or guys who go to RRSP meetings and are told Land is the new best thing. Your price is probably going up. Real farmers in other areas are paying good compared to a few years ago but it has to fit with their operation.
Their tweet that's a reply not sarcasm like you say to free wheat his banker must be a land investor. Again you show your stupidity.

[blackpowder]

Good thing those general stats so well published. How else would absent landlords and family law lawyers know when to tighten the screws?
Not sarcasm, fact.

[Ronski]

Heard of two separate sales this winter one a single quarter the other multiple quarters. Both in the county of Lacombe within 5 miles east and west of highway 2. 7700 and 7900 an acre.
That's crazy money even for Dutchmen...

[jake550]

Land values in our area are higher than ever. Below average yields other than 2013 for the last 7 years due to excess moisture. I believed they be at least levelling off by now but doesn't seem to be the case yet.

[Klause]

They are still going up here too.


They are highest before a crash.


Get scared when everyone gets complacent.

[SASKFARMER3]

When neighbours that are selling start telling you it has to go up higher so we're waiting and real estate agents are saying the same a correction is months away! By fall could be interesting I'm still projecting 2 years from now it will be time to buy again! 1st cheap land hit second hit trying for three before I become part of the dirt!
Tweety for you slow guys that's die!

[Hopalong]

Wonder why farmland prices are much different from stock markets where timing the market is often seen as impossible.
Better to buy over a period of time and in amounts that are manageable.

[newguy]

Sask Farmer3..So the truth comes out. It is not about investors and increase in land prices for new young farmers.It is about wanting to buy up land cheap to increase his personnel wealth.Most of the people complaining about the price of land are just POed they did mot buy themselves and now want the government to fix their problem. As long as Sasatchewan's poulation continues to grow land will not go down in price very far. People bring Money and Money brings People.