Friday, July 22, 2011

Average U.S. Farm Real Estate value, nominal and real (inflation adjusted) 1970-2010


Between 1994 and 2004, real values increased between 2 and 4 percent annually, and in 2005 and 2006 experienced sharp annual increases of 16 percent and 11 percent respectively, before slowing to 7 percent and 6 percent annual growth in 2007 and 2008.

source: usda