06 Jun Boomers bump Ontario cottage values.
Original article via The Star. Click here to read.
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.CLICK FOR THE FULL ARTICLE