As falling rates reassure consumers, aspiring recreational homebuyers will firm up purchase plans, Royal LePage predicts
Royal LePage® is forecasting a 7.5% increase in single-family home prices over the next year in popular ski regions across the country.National single-family home prices in Canada's winter recreational market remained flat, posting a 0.4% decrease year over year in the first nine months of 2024.More than one-third (38%) of Royal LePage recreational property market experts reported a surge of inquiries from clients when changes to capital gains tax were announced.Effects of climate change continue to create drier and hotter conditions, increasing reliance on snow-making technologies for winter resorts.The information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.
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