Tuesday, September 20, 2011

Record prices reported for Ontario farmland as demand and commodities surge, says RE/MAX

Sep. 13, 2011

Serious inventory shortage characterizes the market

Rising agricultural commodity values and tight inventory levels have seriously contributed to a significant upswing in the price of Ontario farmland in 2011, according to a report released by RE/MAX Ontario-Atlantic Canada.

The RE/MAX Market Trends Report – Farm Edition 2011 found that shortages exist in the vast majority of centres studied, with pent-up demand fuelling unprecedented momentum virtually across the province. Upward pressure on acreage values has been consistent as a result.

Read More:
http://remax-oa.ca/media-newsroom/article/68/

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