New report: recovering economy driving recreation property sales
Posted by Kirby Cox on
Earlier this week, Royal LePage released their 2017 Canadian Recreational Housing Report, which outlines current statistics and trends in regards to the investment and recreational property market for this year. Among the most notable, was that Alberta recreation properties are recovering in sales, thanks the the continuously improving economy.
“Market conditions are favourable to buyers in the province’s recreational property segment, with prices having declined or remained flat for the last couple years during the economic slowdown,” said John Hripko, sales representative, Royal LePage Benchmark. “Buyers are currently recognizing that they’re in the midst of a very opportune time, cashing in on depressed property values while they…
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