As the spring season blooms, the Ontario cottage real estate market has experienced a whirlwind of activity. This week's highlights reveal a dynamic landscape where buyers and sellers are navigating through price fluctuations and tax changes. **Price Adjustments in Cottage Country** In a surprising turn, 54% of Ontario's cottage markets** saw average prices decline between 5% and 28.7%. Notably, Muskoka witnessed a 5% decrease from the first quarter of 2023 to the same period... [read more]

As we navigate through 2024, the Canadian real estate market presents a landscape of both challenges and opportunities. After a tumultuous period, industry experts forecast a year that could mark the beginning of a significant shift. Here's what you need to know about the Canadian real estate market in 2024. Interest Rates and Economic Growth Economists predict a potential decrease in interest rates by late Q2, with a drop of 100 basis points to 4.00% by year-end¹. This... [read more]