cottages Archives - Mortgage Rates & Mortgage Broker News in Canada

Muskoka chairs sit on a dock looking over Boshkung Lake, in Algonquin Highlands, Ont

Dreaming of a lakeside cottage but can’t afford it? Co-ownership could open that door

June 20, 2025 No Comments

A lakeview cottage with cosy rooms, a sandy beach nearby and a dock to gaze into the sunset was the dream for Corrine Evanoff.

Muskoka chairs sit on a dock looking over Boshkung Lake, in Algonquin Highlands

Tariffs, economic uncertainty chilling cottage housing market, report says

May 19, 2025 1 Comment

The May long weekend marks the unofficial start of cottage season for many Canadians, but a new report says some looking to buy a vacation home of their own are holding back until economic tensions settle.

Vacation home market slows after pandemic boom, but prices still rising: Royal LePage

March 26, 2025 No Comments

While fewer Canadians may be looking to buy a vacation home in some regions compared with years past, a new report says prices are expected to increase in 2025 as demand still outpaces supply across most markets.

Royal Lepage recreational property report 2024

Canadian recreational home prices expected to climb 5% this year amid supply squeeze

March 26, 2024 No Comments

Median home prices in the country’s recreational housing markets are forecast to rise 5% in 2024 as demand grows for scarce listings.

Weak demand casts chill over Canada’s recreational property market outlook

January 2, 2024 No Comments

Prices for cottages and other recreational properties are expected to remain fairly tepid this year as high borrowing costs and lower buyer demand continue to slow Canada’s real estate markets.

Falling demand is bringing balance back to Canada’s recreational real estate markets

August 10, 2023 No Comments

Following the boom seen in recreational properties during the pandemic, high borrowing costs and reduced demand are helping to bring balance back to the market.

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