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2024 farmland values in Canada: Continued, steady growth

Posted on Apr 7th, 2025 by Jennifer Hannan

2024 farmland values in Canada: Continued, steady growth

The national average farmland value increased 9.3% in 2024. This represents a slower pace of appreciation than in 2023, but remains higher than the average of the last 5 years (8.6%) and of the last 10 years (9.1%). In our most recent blog post, we summarize the changes in values for cultivated land, irrigated land and pastureland. The full FCC Farmland Values Report also presents provincial and regional trends in each of these land types.... 

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