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Royal LePage's 2024 Winter Recreational Property Report
Key highlights from the 2024 Winter Recreational Property Report include:
- Royal LePage is forecasting a 7.5% increase in single-family home prices over the next year in popular ski regions across the country.
- National single-family home prices in Canada’s winter recreational market remained flat, posting a 0.4% decrease year over year in the first nine months of 2024.
- More than one-third (38%) of Royal LePage recreational property market experts reported a surge of inquiries from clients when changes to capital gains tax were announced.
- Effects of climate change continue to create drier and hotter conditions, increasing reliance on snow-making technologies for winter resorts.
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