4/30/2024 | Posted in Recreational Properties by Heather Ann Lemieux
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Canada’s recreational property market hasn’t seen an influx of listings and is unlikely to at all this year, according to Re/Max Canada’s 2024 Cottage Trends ... More
3/27/2024 | Posted in Recreational Properties by Heather Ann Lemieux
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Median home prices in the country’s recreational housing markets are forecast to rise 5% in 2024 as demand grows for scarce listings. ... More
8/14/2023 | Posted in Recreational Properties by Heather Ann Lemieux
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The pandemic-era robustness observed in Canada’s recreational real estate segment has moderated amid mounting borrowing costs coupled with reduced demand, according to a new ... More
7/17/2023 | Posted in Recreational Properties by Heather Ann Lemieux
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After reaching record high sales prices at the height of the pandemic, the cottage market in Ontario has mostly softened into balanced territory, making it a better time for ... More
11/17/2019 | Posted in Recreational Properties by Heather Ann Lemieux
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And it has nothing to views, location, or even price. ... More
8/2/2019 | Posted in Recreational Properties by Heather Ann Lemieux
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There are few things more Canadian than a weekend at the cottage, but given the leisure property’s appreciation potential, shielding it from capital gains taxes is ... More
7/24/2019 | Posted in Recreational Properties by Heather Ann Lemieux
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RE/MAX survey finds 74% of regions are seeing an uptick in prices ... More
6/7/2019 | Posted in Recreational Properties by Heather Ann Lemieux
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Recreational homes are attracting strong interest from millennials but for many they are not second homes but the only ones they can afford. ... More
6/12/2018 | Posted in Recreational Properties by Heather Ann Lemieux
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Price of vacation homes is expected to rise 5.8 per cent by end of September. Retiring baby boomers and gen-Xers are driving recreational home sales as they look toward retirement ... More
6/20/2017 | Posted in Recreational Properties by Heather Ann Lemieux
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The slowdown in Toronto’s housing market is not reaching cottage country several hours away, where vacation properties are changing hands quickly and prices are still ... More
5/21/2017 | Posted in Real Estate Market by Heather Ann Lemieux
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The May long weekend is the traditional kick-off to cottage season. But long before the snow melted this spring, equity-rich baby boomers from the city had been turning up the ... More
10/18/2016 | Posted in Toronto Real Estate by Heather Ann Lemieux
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As new mortgage rules come into effect that will limit the borrowing power of many buyers, there's uncertainty about the consequence this will have on Toronto's red-hot ... More
10/8/2016 | Posted in Home Owners by Heather Ann Lemieux
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Earlier this week, Finance Minister Bill Morneau introduced tax changes that were aimed primarily at foreign investors in Canadian real estate to ensure they abide by our existing ... More
8/3/2016 | Posted in Recreational Properties by Heather Ann Lemieux
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It seems impossible to find a haven from Toronto’s real estate bidding wars in 2016 – even for buyers looking as far afield as Muskoka’s cottage country. ... More
6/22/2016 | Posted in Recreational Properties by Heather Ann Lemieux
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The recreational property segment in Canada is seeing a trend of steady growth fueled by record-low interest rates and a generous loonie-greenback exchange rate, a recent study ... More
7/6/2015 | Posted in Real Estate Investments by Heather Ann Lemieux
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Owen Sound is emerging as a hotspot for retirees and American investors, according to one industry vet, following record numbers in home sales in the month of May and strong ... More
6/29/2015 | Posted in Recreational Properties by Heather Ann Lemieux
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Canada’s Muskoka region ranks only behind the Cote d’Azur in France as the world’s fastest growing recreational real estate market, according to Christie's ... More
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