Читать книгу Buy & Sell Recreational Property in Canada - Geraldine Santiago - Страница 10

According to a recent report that covers more than 40 markets from Salt Spring Island, British Columbia, to Shediac Bay, New Brunswick, sales and prices have been increasing over recent years in most markets across the country.

Cottage prices have increased significantly, year after year. Because of uncertainty due to political turmoil around the world, many people are opting to stay closer to home rather than travel abroad. This has had an impact on recreational-property buyers. For example, most purchasers in Newfoundland are from St. John’s and its surrounding communities, and again, they are baby boomers — people with equity in their homes and a double income.

The following sections outline some of the popular regions and the price ranges for recreational properties across Canada.