Recreational property prices in Canada are projected to rise by 4% to a median of $652,808 in 2025, driven by strong demand and supply constraints. Lower borrowing costs are increasing buyer interest, with 46% of agents noting heightened demand. However, growing restrictions on short-term rentals may deter buyers. Regionally, Atlantic Canada is expected to see the highest appreciation at 8%, while Ontario's market remains cautious with a 1% increase. Alberta's market is stable, and Manitoba and Saskatchewan anticipate modest gains of 4.5%.
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