Key highlights from the national release include:
Aggregate price of a single-family home in Canada’s recreational regions is forecast to increase 13% per cent in 2022 to $640,710, as demand continues to outpace supply.
Nationally, the aggregate price of a single-family property rose 26.6% year-over-year in 2021, while the aggregate price of a waterfront property surged 21.5% during the same period.
Single-family homes in Ontario’s recreational property market recorded the highest year-over-year aggregate price appreciation in 2021, rising 34.6%.
Quebec and Atlantic Canada expected to see highest recreational property price gains in 2022, rising 15%; single-family recreational homes in Ontario and British Columbia forecast to increase 13% and 12%, respectively.
84% of recreational property experts report lower inventory than last year in their respective regions, as growing demand continues to outpace supply.
Single Family in Burlington (brant)
Royal LePage Real Estate Services Ltd., Brokerage (W11280258)
Single Family in Oakville (1001 Br Bronte)
Royal LePage Real Estate Services Ltd., Brokerage (W10404298)
Single Family in Oakville (1011 Mo Morrison)
Royal LePage Real Estate Services Ltd., Brokerage (W10404239)
Single Family in Oakville (1011 Mo Morrison)
Royal LePage Real Estate Services Ltd., Brokerage (W10403750)
Single Family in Oakville (1009 Jc Joshua Creek)
Royal LePage Real Estate Services Ltd., Brokerage (W10403858)
Royal LePage Real Estate Services
326 Lakeshore Road East Oakville, Ontario L6J 1J6