Canadians, less Canadians, if we want to buy a holiday house in several regions, in a new report in 2025, prices are expected to increase in most markets in 2025.
The report broadcast on Wednesday by Royal Lepage, the average price of a family house in Canada, the average price of a family of about a year, rose to $ 652.808 a year.
National growth, the price of a media of a media in every provincial market, a media of the Atlantic Canada, $ 498,852 and $ 498,852 and $ 457.198 increased by 7.5 percent.
Alberta, a pricing province with a recreational house, the average price of a family property, up to $ 1.3 million, increased by about $ 1.3 million, and a two percent increase.
Ontario comes the third of the media that will be a percentage of $ 647.107, which is above 2024.
In connecting Manitoba and Saskatchewan, the report predicts the price of media to land in the report for $ 310,052.
Royal Lepage President and CEO Phil Soper, strong, but balanced after the price increase in recreation property, but after the pandemic and then the three-year price increase.
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He said many families still have a “deeply rooted desire” that could not be home to a holiday or change between economic uncertainty and geopolitical tensions.
“Scramble in the pandemic, thankful for recreational properties reminiscent of a modern golden cane, be thankful – Thankfully – with the chaos of offered wars and thin reserves
“The main market is more sensitive to economic turns, demanding in the recreation segment, and even the market hesitations remain continued.”
More than 150 royal Lepage Real Estate Representative, 46% reported the demand for 46 percent compared to last year. Only in a quarter, more demand was reported in the same amount of less.
The report noted that interest rates continued to demand for strike properties. Homebuyers in three quarterly agent regions involved in the survey are generally buying funding as a mortgage or loan while making a purchase.
One-third of the respondents said the supply was lower after reporting similar inventory to 39 percent. Despite these indicators of the supply enemy, 55% stated that the average days spent on the market compared to last year.
“The prices of leisure property are expected to be modest, are managed by continuing supply,” Soper said.
“New cottages and cabins are not fast enough to meet a buyer’s request that will continue to support long-term price growth.”
In 2024, the price of the general sized media of the holiday house increased by 2.3 percent, and has increased since a year. The price of the media, which weighing a single-married family of water, was 3.6 percent to $ 1,063,400, and a condominium price was $ 431,700.
© 2025 Canadian press
