royal lepage report

Royal Lepage recreational property report 2024

Canadian recreational home prices expected to climb 5% this year amid supply squeeze

March 26, 2024 No Comments

Median home prices in the country’s recreational housing markets are forecast to rise 5% in 2024 as demand grows for scarce listings.

Weak demand casts chill over Canada’s recreational property market outlook

January 2, 2024 No Comments

Prices for cottages and other recreational properties are expected to remain fairly tepid this year as high borrowing costs and lower buyer demand continue to slow Canada’s real estate markets.

Latest in mortgage news: BC regulator slaps CIBC with $3.4M fine over mortgage violation

October 19, 2023 No Comments

CIBC was recently fined over $3.4 million by British Columbia’s consumer protection agency, Consumer Protection BC, due to violations related to mortgage discharge documentation.

Falling demand is bringing balance back to Canada’s recreational real estate markets

August 10, 2023 No Comments

Following the boom seen in recreational properties during the pandemic, high borrowing costs and reduced demand are helping to bring balance back to the market.

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royal lepage report

Canadian recreational home prices expected to climb 5% this year amid supply squeeze

Weak demand casts chill over Canada’s recreational property market outlook

Latest in mortgage news: BC regulator slaps CIBC with $3.4M fine over mortgage violation

Falling demand is bringing balance back to Canada’s recreational real estate markets

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