Real Estate News

Boomers bump Ontario cottage values

> > Real Estate News > Boomers bump Ontario cottage values

Now is the time to buy!

Date: 06/07/2018 | Source: http://www.thestar.com

If you have been thinking about investing in a cottage, now is the time to buy! The Star reported, "Ontario cottage prices are heading north this year according to a report from Royal LePage that forecasts a 10.4 per cent year-over-year increase in Ontario recreational property values this year, despite a softer housing market in urban areas." Buy now to beat the price increase! If you want a beautiful waterfront home in cottage country, we are here to help.

Boomers bump Ontario cottage values

Ontario cottage prices are heading north this year according to a report from Royal LePage that forecasts a 10.4 per cent year-over-year increase in Ontario recreational property values this year, despite a softer housing market in urban areas. The real estate company is predicting a 5.8 per cent average increase in vacation home values across Canada by the end of September with higher prices in popular areas such as Ontario and Alberta balancing declines in British Columbia, Atlantic Canada and Manitoba.

Joint ownership of a cottage can pose a host of unexpected problems

At our cottage north of Toronto, we have a neighbour – Ruth. We can all learn from her story. Ruth...
08/08/2018
Read

Skip the house: millennials are buying cottages, renting in the city

“Want to buy an island, hahaha?” That’s what Shantel Clark recalls her father-in- law saying when he texted her and...
07/30/2018
Read

Can cottagers keep Ontario’s lake regions afloat?

It wasn’t enough for Chris Van Lierop and Tim Wisener to move their home design business from Toronto to cottage...
07/13/2018
Read