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The highlights of the report showed that in 2022, the aggregate price of a single-family home in Canada's recreational property market increased by 11.7% to $619,900. During the same period, the aggregate price of a single-family waterfront property and condominium increased by 9.5% and 16.6% year-over-year, respectively. In 2023, the aggregate price of a single-family home in Canada's recreational regions is expected to decrease by 4.5% to $592,005. Additionally, 57% of recreational property experts across the country reported lower inventory than last year, and 65% reported reduced inventory compared to pre-pandemic levels. Read the full report here. For a list of reacreational properties for sale BC, contact me.
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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.