Farmland values continue to level off
Despite continued strong demand for Iowa farmland, rising interest rates are limiting buying power, which has led to flat farmland values during the past six months.
A semiannual survey of land trends and values released Oct. 5 by the Realtors Land Institute (RLI) Iowa Chapter shows ag land values decreased 0.2% on a statewide average of high, medium and low quality land across the nine crop-reporting districts.
This marks the first time in more than ...
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