The Royal LePage 2022 Winter Recreational Property Report, distributed every year, includes price data and insights from experts in 16 popular ski regions across the country, as well as national and regional forecasts.
Key highlights from the release include:
- B.C. ski region of Big White posts the highest median price gain in single-family detached segment (45.5%) among the other regions surveyed
- Quebec’s Mont-Tremblant region reports the highest median price increase in the condominium segment (44.4%) among the other regions surveyed
- Southern Georgian Bay’s condominium prices record modest increase of 1.3% year-over-year in 2022, following more than 50% jump last year
- 75% of U.S. border state citizens who own a Canadian recreational property transacted following the federal government’s announcement of a two-year foreign buyer ban