416-938-4267 | peter@blairandpeter.ca





2023 Winter Recreational Property Report

Nationally, median house price forecast to rise 2.9% in 2024 as interest rates are expected to stabilize or moderate.

Key highlights include:

  • National single-family home price in Canada’s winter recreational market decreased 0.7% year over year in the first 10 months of 2023
  • The median price of a single-family detached home in Canada’s recreational ski regions is forecast to increase 2.9% over the next 12 months
  • 24% of Royal LePage recreational property market experts reported a decline in buyer demand this year as a result of climate factors or environmental disasters, following unprecedented wildfire season
  • 41% of experts reported an increase in inventory as a direct result of rising interest rates
  • Quebec’s Mont Sutton and B.C.’s Mount Washington/Comox Valley regions recorded highest median price gain in single-family detached segment, increasing 27.3% and 26.5% respectively, year over year
  • Mont Sainte-Anne in Quebec recorded an 83.4% increase in year-over-year median condominium price; sharp gains reflect wide range in property styles and price points, and scarcity of inventory

Read the full report here.

Recently Sold Properties


List Price $1,550,000
List Price $999,900

List Price $1,179,000


686 SUMMERS COMMON, BURLINGTON, ON
List Price $869,780
*Buyer Transaction

Would you like to know how much your home is worth in today's market? How to increase it's worth? What type of home improvements will give you the best return-on-investment? 
We can help!

 

 




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Royal LePage Real Estate Services

326 Lakeshore Road East  Oakville,  Ontario  L6J 1J6 

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