.hero-heading { font-size: 52px; font-weight: 500; line-height: 35px; color: #0c0101; letter-spacing: 2.9px; text-shadow: 1px 1px 4px rgb(0 0 0 / 50%); }

Is Now the Time to Buy a Vacation Home?

Dated: December 9 2021

Views: 312

Similar to the residential real estate market, there are many factors contributing to upward price pressure on Canada’s recreational property market, including the ability to continue working remotely, a hesitancy to travel abroad on account of uncertainty over the COVID-19 pandemic, and tight competition due to a chronic lack of housing supply.

A recent Royal LePage report found that year-over-year prices for single-family detached homes in Canada’s popular ski regions have increased 23.5% since the beginning of 2021, as demand continues to outrsip supply.

Real the complete article Here:

Blog author image

Sam Khangura

Sam Khangura, Broker of Record of Royal LePage Platinum Realty, based in Brampton is a full-time Real Estate Agent/Broker since the year 2000. He has lived in Brampton for over 20 years. During that....

Latest Blog Posts

Is Now the Time to Buy a Vacation Home?

Similar to the residential real estate market, there are many factors contributing to upward price pressure on Canada’s recreational property market, including the ability to continue working

Read More

Royal LePage Survey: 3.2 million boomers in Canada considering buying a home within the next five years

Survey Highlights:40% of boomer homeowners have at least half of their net wealth in real estate52% of boomer homeowners would prefer to renovate their current property over moving17% of boomer

Read More

Five Summer Projects to Increase Home Resale Value

Assessing the best return for your investment is paramount when undertaking home improvement projects. This means putting a priority on the jobs that are likely to be more valuable than others

Read More

Join Royal Lepage Platinum Realty Brokerage Brampton as an Agent

Welcome to Royal Lepage Platinum Realty Brokerage. For most agents, a common problem is getting a steady stream of high-quality buyers and sellers to work with. They often end up on an income

Read More