What's trending in Canada's recreational property market?
Findings from RE/MAX's 2018 Recreational Property Report:
- Retirees are fueling demand: 91 per cent of regions surveyed reported that retirees drive demand for recreational properties
- One in three survey respondents (33 per cent) say that they own or want to own a recreational property for investment purposes
- Other than affordable purchase price, waterfront rated as the most important feature to Canadians when considering spending time at a cottage or cabin, beating out reasonable maintenance costs