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Canada's recreational housing market proves resilient amidst economic chaos

Summary by Benzinga

National median house price forecast to increase 4.0% in Canada's recreational real estate market in 2025, as limited supply gives prices upward momentum Highlights: Canada's provincial recreational markets are expected to see an increase in single-family home prices in 2025, with Atlantic Canada forecast to see the highest level of price appreciation at 8.0%. The weighted median price of a single-family home in Canada's recreational property m…

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Financial Post

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Lean Right

Posthaste: Why 'economic chaos' isn’t slowing the cottage market

Increase in domestic travel amid tariff war, weak Canadian dollar and lower interest rates are helping to boost cottage sales.

8 days ago·Canada

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Benzinga

Center

Canada's recreational housing market proves resilient amidst economic chaos

8 days ago·New York, United States

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canadanewsvideo.com

Cottage prices expected to increase this year in Ontario and across Canada #Canada #OntNews #CDN

Cottage property prices are expected to increase in Ontario and across Canada this year. In tough times, the recreational real estate market hasn’t fared well. In 2024, the weighted median price of a single-family home in Ontario’s recreational property market decreased 1.5 per cent year over year to $640,700, compared to 2023, according to the Royal LePage 2025 Spring Recreational Property report. During the same period, the weighted median pri…

7 days ago

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insauga

Cottage prices expected to increase this year in Ontario and across Canada

8 days ago

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REM | Real Estate Magazine

Canadian recreational property prices expected to rise modestly in 2025 despite economic uncertainty

Despite geopolitical tensions and economic uncertainty, recreational property prices across Canada are forecasted to rise by 4 per cent to a median of $652,808 in 2025, according to a new report by Royal LePage. “Demand for recreational properties among Canadians, and the lifestyle they offer, remains strong but balanced,” said Phil Soper, president and CEO, Royal LePage. “While the mainstream market is more sensitive to economic shifts, demand …

8 days ago

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Storeys

Recreational Properties To See Modest Price Growth In 2025 Despite Dwindling Supply

Second only to buying a home, the quintessential Canadian dream is to own a cottage or vacation property to escape to on long weekends or to make the most of fleeting northern summers. But according to Royal LePage's 2025 Spring Recreational Property Report, the price tag for this prospect could be going up as prices are expected to continue rising this spring with demand outstripping supply.In 2024, recreational property prices increased 2.3% o…

8 days ago

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