Real estate prices in Canada’s recreational markets expected to rise in 2024 as buyers make a return

"Recreational home prices on track to increase 5% this year amid improved consumer confidence, cuts to interest rates"

With warmer weather on the way, Canadians will soon be able to once again enjoy weekends on the water and warm summer nights relaxing by the fire pit. In the lead up to prime time in the country’s recreational housing markets, many potential buyers are expected to make a move on purchasing that lakeside cabin or family cottage this year, increasing competition for tight supply and pushing property prices up.

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