Recreational Property Market Report

Recreational Property Market Report 2021 by RE/MAX

Recreational Property Report 2021The 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.

Contact Team Kalia if you are looking to invest in Recreational Markets around the GTA

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