Shared on April 5th, 2022
Despite the return to international travel, demand is remaining strong for cottages, and properties in close proximity to lakes and mountains continue to outpace supply in recreational regions across Canada.
According to the Royal LePage 2022 Spring Recreational Property Report, the aggregate price of a single-family home in Canada’s recreational market is forecast to increase by 13% in 2022, to $640,710. This is following a 26.6% year-over-year increase in prices last year.
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Read this ArticleArticle by Royal LePage Staff Writer
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