Condos in Canada’s Popular Winter Recreational Regions Post Strong Gains in 2018
According to Royal LePage, prices in many key winter recreational real estate markets are experiencing healthy year-over-year price appreciation, as retirees, investors and buyers looking for winter getaways continue to spur demand.Across Canada, trends vary based on the region. In western Canada, the median price of a condominium in winter recreational regions rose at a faster pace compared to detached properties, while the median price for the latter dipped. In particular, condominium prices in Whistler and Mont-Tremblant (Station) increased 26.5 percent and 30 percent, respectively.
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