shared by the Canadian Real Estate Association , though realtors in the Lakelands region reported a slight uptick in activity for waterfront homes in July , prices have crashed.
The report also notes that all waterfront sales in the region last month amounted to a total of $122.2 million, which is"a substantial decline" of 22.9 per cent compared to the previous July. "Residential non-waterfront sales were 26.3 per cent below the five-year average and 30.7 per cent below the 10-year average for the month of July, waterfront sales were 36.7 per cent below the five-year average and 42.9 per cent below the 10-year average," the update states.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: