Business

House prices in Canada's popular ski regions expected to dip 3% over the next year, despite year-over-year price gains

House prices in Canada's popular ski regions expected to dip 3% over the next year, despite year-...

articleBridgemarq Real Estate Services, Inc.November 29, 20223/company/bridgemarq-real-estate-services-inc/news/house-prices-in-canadas-popular-ski-regions-expected-to-dip-3percent-over-the-next-year-despite-year-over-year-price-gains
House prices in Canada's popular ski regions expected to dip 3% over the next year, despite year-over-year price gains

About this update from Bridgemarq Real Estate Services, Inc.

[{"type":"text","content":"\n \n \n \n House prices in Canada's popular ski regions expected to dip 3% over the next year, despite year-over-year price gains\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnsbbb1{\nBORDER-BOTTOM:black 1pt\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnsblb1{\nBORDER-LEFT:black 1pt\n}\n.prnsbtb1{\nBORDER-TOP:black 1pt\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prnrbrb1{\nBORDER-RIGHT:black 1pt\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n Single-family detached home price increased 15.1% in the first 10 months of 2022\n \n \n \n \n \n B.C. ski region of Big White posts highest median price gain in single-family detached segment (45.5%) among regions surveyed\n \n \n \n Quebec's\n \n \n Mont-Tremblant\n \n region reports highest median price increase in condominium segment (44.4%) among regions surveyed\n \n \n Southern Georgian Bay's condominium prices record modest increase of 1.3% year-over-year in 2022, following more than 50% jump last year\n \n \n 75% of U.S. border state citizens who own a Canadian recreational property transacted following the federal government's announcement of a two-year foreign buyer ban\n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Nov. 29, 2022\n \n \n /CNW/ - According to the Royal LePage Winter Recreational Property Report released today,\n \n Canada's\n \n popular ski regions have posted double-digit year-over-year home price appreciation\n \n \n 1\n \n \n since the beginning of 2022, despite rising interest rates and price declines in the residential market. Nationally, in the first 10 months of the year, the median price of a single-family detached home increase...

More updates from Bridgemarq Real Estate Services, Inc.