Recreational Property Market Report
Recreational Property Market Report 2021 by RE/MAX
The red-hot demand seen in Canada’s urban centres has migrated into recreational markets, as interest and activity in suburban and rural properties continues to grow.
In the new 2021 RE/MAX Recreational Property Report, we’ve determined that Canadians are opting for more affordability and a new lifestyle, flocking to the recreational property market.
Recreational Property Market Report 2021 Key Findings
- Average sale price anticipated to rise up to 30% in some recreational property markets, according to RE/MAX brokers and agents.
- 44% of recreational property buyers are budgeting $200,000-$500,000 in the next 12 months.
- 57% of Canadian recreational markets include at least one property type within the $200K-$500K price range.
Read the report to find out how Canadians are opting for more affordability and a new lifestyle, and are flocking to the recreational property market.
A key point that stands out is that most of the prospective buyers for recreational properties are First Time Buyers for this segment.
