• Canada’s recreational markets are expected to see an increase in single-family home prices in 2026, with Manitoba and Saskatchewan forecast to see the highest level of price appreciation at 5.5%.
• The weighted median price of a single-family home in Canada’s recreational property market increased 4.3% year over year in 2025 to $581,300.
• Nationally, the weighted median price of a single-family waterfront property decreased 5.2% year over year, while that of a condominium increased 2.1%.
• Single-family homes in Atlantic Canada recorded the highest year-over-year price appreciation in 2025, rising 11.8%.
• 35% of Royal LePage® recreational property experts reported an increase in the number of full-time residents moving back to urban centres over the past year.