recreational real estate News and Articles | My Blog
4/30/2024 | Posted in Recreational Properties by Paul DeAdder
Canada’s recreational property market hasn’t seen an influx of listings and is unlikely to at all this year, according to Re/Max Canada’s 2024 Cottage Trends ... More
Canadian recreational home prices expected to climb 5% this year amid supply squeeze
3/27/2024 | Posted in Recreational Properties by Paul DeAdder
Median home prices in the country’s recreational housing markets are forecast to rise 5% in 2024 as demand grows for scarce listings.
... MoreRecreational property market activity is slowing down
8/14/2023 | Posted in Recreational Properties by Paul DeAdder
The pandemic-era robustness observed in Canada’s recreational real estate segment has moderated amid mounting borrowing costs coupled with reduced demand, according to a ... More
Cottage market cools down after 2020 COVID boom
7/17/2023 | Posted in Recreational Properties by Paul DeAdder
After reaching record high sales prices at the height of the pandemic, the cottage market in Ontario has mostly softened into balanced territory, making it a better time for ... More
This is the most important amenity for vacation home buyers
11/17/2019 | Posted in Recreational Properties by Paul DeAdder
And it has nothing to views, location, or even price.
... MoreHow to avoid a capital gains tax on your cottage
8/2/2019 | Posted in Recreational Properties by Paul DeAdder
There are few things more Canadian than a weekend at the cottage, but given the leisure property’s appreciation potential, shielding it from capital gains taxes is ... More
Recreational homes prices are rising across most regions
7/24/2019 | Posted in Recreational Properties by Paul DeAdder
RE/MAX survey finds 74% of regions are seeing an uptick in prices
... MoreMillennials are buying recreational property rather than a main home
6/7/2019 | Posted in Recreational Properties by Paul DeAdder
Recreational homes are attracting strong interest from millennials but for many they are not second homes but the only ones they can afford.
... MoreCanada's recreational home sales 'robust' heading into summer season
6/12/2018 | Posted in Recreational Properties by Paul DeAdder
Price of vacation homes is expected to rise 5.8 per cent by end of September. Retiring baby boomers and gen-Xers are driving recreational home sales as they look toward ... More
Cottage country shows early immunity to GTA real estate cooling
6/20/2017 | Posted in Recreational Properties by Paul DeAdder
The slowdown in Toronto’s housing market is not reaching cottage country several hours away, where vacation properties are changing hands quickly and prices are still ... More
Cottage country feels the heat from Toronto's real estate fire
5/21/2017 | Posted in Real Estate Market by Paul DeAdder
The May long weekend is the traditional kick-off to cottage season. But long before the snow melted this spring, equity-rich baby boomers from the city had been turning up the ... More
Housing market correction or 'a whole lot of nothing'?
10/18/2016 | Posted in Toronto Real Estate by Paul DeAdder
As new mortgage rules come into effect that will limit the borrowing power of many buyers, there's uncertainty about the consequence this will have on Toronto's red-hot ... More
How principal-residence tax changes will affect every Canadian homeowner
10/8/2016 | Posted in Home Owners by Paul DeAdder
Earlier this week, Finance Minister Bill Morneau introduced tax changes that were aimed primarily at foreign investors in Canadian real estate to ensure they abide by our ... More
Toronto's real estate mania hits Muskoka cottage country
8/3/2016 | Posted in Recreational Properties by Paul DeAdder
It seems impossible to find a haven from Toronto’s real estate bidding wars in 2016 – even for buyers looking as far afield as Muskoka’s cottage country.
... MoreRecreational property in Canada on the rise: Survey
6/22/2016 | Posted in Recreational Properties by Paul DeAdder
The recreational property segment in Canada is seeing a trend of steady growth fueled by record-low interest rates and a generous loonie-greenback exchange rate, a recent study ... More
Town's tax breaks draw investors
7/6/2015 | Posted in Real Estate Investments by Paul DeAdder
Owen Sound is emerging as a hotspot for retirees and American investors, according to one industry vet, following record numbers in home sales in the month of May and strong ... More
Muskoka cottages soar above $25 million
6/29/2015 | Posted in Recreational Properties by Paul DeAdder
Canada’s Muskoka region ranks only behind the Cote d’Azur in France as the world’s fastest growing recreational real estate market, according to ... More
