It's a Great Time for Canadian Cottage Buyers

As the weather cools, Canada’s cottage market cools too, with experts suggesting now is the ideal time to buy. Real estate activity has slowed significantly since the COVID boom, with fewer sales and more inventory. Ontario, for example, has seen cottage sales drop over 40% from last year. Factors like high interest rates and a foreign homebuyers ban have contributed. Buyers have more negotiating power and can afford to be patient.

Share
Source : CTV News