Just Released: Royal LePage’s 2021 Spring Recreational Property Report

Royal LePage recently distributed the Royal LePage Spring 2021 Recreational Property Report. The release includes insights and data from recreational experts across Canada, highlighting the current market trends in more than 50 of Canada’s most popular recreational regions.

Release Highlights

  • Canadian recreational house prices are forecast to increase 15% in 2021.
  • A house in Ontario’s and Atlantic Canada’s recreational property markets are expected to see the highest price gains in 2021, rising 17%.
  • 91% of recreational experts in Canada reported lower inventory than typical for their respective regions, as demand continues to outpace supply.
  • 46% of recreational experts reported an increase in inter-provincial migration, as many Canadians choose cottage country over cityscapes as the backdrop to their home offices.

Read the full news release here.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s