Farmland values in the Alberta regions experienced similar appreciation rates in 2017 as had occurred in 2016. As a whole, the indications across Alberta show an annual increase of approximately 8.5% on average across the province.
Farmland values in the Saskatchewan regions experienced variable appreciation rates in 2017 compared to 2016. As a whole, the indications across Saskatchewan show an annual increase of approximately 8.0% on average across the province.
Serecon is a group of Valuations and Appraisal, Management Consulting, and Farm Asset Management professionals who specialize in the agricultural industry. They conduct ongoing and regular research on the agricultural real estate market throughout western Canada. Their research and analyses are concentrated in the provinces of Alberta and Saskatchewan. Accordingly, the graphs indicate the annual change in the farmland value trend within the identified regions of each province.