Land Trends & Values Survey Released

The Iowa Chapter of REALTORS® Land Institute published the findings of their 2016 September  Land Trends and Values Survey.  The survey shows a statewide average decrease of cropland values of -3.7% for the analyzed period of March – September 2016. This continues the downward trajectory of land values since the 2013 record highs the State experienced.

The downtrend was uniform with all nine districts reporting a decrease, although the percentage of decrease ranged from -2.4% to -5.8%.     

RLI suggests  lower commodity prices and limited amount of land on the market as factors contributing to the decline in addition to: lack of stable alternative investments, cash on hand, and increasing interest rates.

Click here to view the full  Iowa REALTORS® Land Institute (RLI) Chapter #2 Survey of Farm Land Values In Dollars Per Acre.

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