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Canadian cottage buyers on the sideline for now amidst tariff concerns, according to REMAX Canada's 2025 Canadian Cabin & Cottage Trends Report
Lower interest rates that motivated recreational property buyers in the latter part of 2024 and in early 2025 have been overshadowed by more recent economic uncertainty, according to REMAX's 2025 Canadian Cabin and Cottage Trends Report.
About this update from Re/max Holdings, Inc.
[{"type":"text","content":"Recreational property prices expected to rise by 1.8 per cent in 2025","length":69,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Among Canadians less confident in the housing market than they were in 2024, 19 per cent said due to the tariff threats, they are holding on buying or selling until there is further clarity.","length":190,"tagName":"p"}]},{"val":[{"type":"text","content":"If Canadians were to purchase a recreational property, 57 per cent say "affordable purchase price" is a must-have.","length":124,"tagName":"p"}]},{"val":[{"type":"text","content":"34 per cent of Canadians who are considering purchasing a cabin/cottage in the next one to two years see a recreational property as a good investment, however new short-term rental rules in some markets have shifted opinions, with 19 per cent who are planning on selling their cabin/cottage in the next one to two years, no longer seeing it as an investment opportunity, influencing their decision to sell.","length":406,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":720,"olType":false},{"type":"text","content":"TORONTO, May 12, 2025 /CNW/ -- Lower interest rates that motivated recreational property buyers in the latter part of 2024 and in early 2025 have been overshadowed by more recent economic uncertainty, according to REMAX's 2025 Canadian Cabin and Cottage Trends Report.","length":272,"tagName":"p"},{"type":"image","alt":"RE/MAX 2025 Recreational Market Overview and Outlook","displaySize":"","headline":null,"caption":"RE/MAX 2025 Recreational Market Overview and Outlook","className":"","disableSlideshowImg":false,"size":{"original":{"width":150,"height":200,"url":"https://media.zenfs.com/en/cnwgroup.com/76e6abe4419fc5b8d861000b0e5c8484"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/FxZkbLbfyUEzUGXM_q1znw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTI4MDtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/76e6abe4419fc5b8d861000b0e5c8484","width":150,"height":200}},"href":"https://mma.prnewswire.com/media/2683789/REMAX_2025_Cottage_Trends_Report.pdf?p=original","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"A Leger survey commissioned by REMAX reveals that approximately one in five Canadians who are considering purchasing a cabin/cottage in 2025 say lower prices in 2024 stimulated their buying ...