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Canada's Recreational Home Prices to Rise 4% by 2025

3/26/2025

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Summary

Story summary

Canada's recreational home market is set to thrive, with Royal LePage predicting a 4% rise in median prices, hitting $652,808 by 2025. Despite economic challenges, nearly half of real estate agents note consistent buyer interest. Lower interest rates and a growing preference for domestic travel are fueling this robust demand, even amid global uncertainties.

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Story summary

Canada's recreational home market is set to thrive, with Royal LePage predicting a 4% rise in median prices, hitting $652,808 by 2025. Despite economic challenges, nearly half of real estate agents note consistent buyer interest. Lower interest rates and a growing preference for domestic travel are fueling this robust demand, even amid global uncertainties.