Canadian cottage market expected to see price drop this year: Royal LePage

  • 📰 CTVCalgary
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 68%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

A recent report from Royal LePage is predicting a drop in prices for Canadian cabins and cottages this year as demand softens from economic uncertainty and low housing stock.

, expects the aggregate price of a single-family home in Canada's recreational housing market to fall 4.5 per cent this year to $592,005 compared to 2022.

The province is expected to be the only region in the country where recreational housing prices will increase this year at 0.5 per cent. Soper says interest rate increases have less of an impact on recreational homes, given buyers tend to put more money down and borrow less. Earlier this month, the Bank of Canada announced it would be holding interest rates atHowever, general consumer inflation and lack of inventory have "damped sales activity," while recreational homebuyers tend to have the "benefit of time" to find the right property, he says. "Call it a want versus a need.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 26. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Agnico Eagle completes acquisition of Yamana's Canadian assets, now owns 100% of Canadian MalarticA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
출처: KitcoNewsNOW - 🏆 13. / 78 더 많은 것을 읽으십시오 »