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The middle price for a single -family house is expected to increase by 4% to $ 652,808 this year
Published on March 26, 2025 • Last updated 9 hours ago • Read 4 minutes
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In a survey of 153 Royal Lepage Brokers published on Wednesday, it says that 46 percent of them experience a similar demand for cottage purchase as in the previous year and 24 percent more. Photo by Getty Images/iStockphoto
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It is expected that the uncertainty from Donald Trump's tariff war and geopolitics will slow down the Canadian real estate market, but sales with the huts should generally withstand “economic chaos”, said a new report by a Canadian real estate company.
Several factors, including a growing trend for domestic trips to the US tariffs, a weak Canadian dollar, lower interest rates and the demography of the buyers of Cottage buyers, also help to employ the hut market in these difficult times.
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The median prize for a family home is expected to increase by four percent to $ 652,808 this year, according to Royal Lepages report by Royal Lepage 2025 Spring Freeze.
“The demand for leisure properties among Canadians and the lifestyle they offer remains strong, but balanced,” said Phil Soper, Managing Director of Royal Lepage, in a press release. “While the mainstream market is more sensitive to economic changes, demand in the leisure segment also remains steadfast in market forest times. Many families share the deeply rooted wish of owning a leisure home, and that is unlikely.”
In a survey of 153 Royal Lepage Brokers published on Wednesday, it says that 46 percent of them experience a similar demand for cottage purchase as in the previous year and 24 percent more.
According to the Canadian Real Estate Association (CREA), 3.3 percent decreased in the entire real estate market in January.
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Soper said that the leisure vehicle market often withstands economic uncertainty, since buyers usually have more available income and are less susceptible to changes in the economy.
The resolutions of the interest have also contributed to keeping the household market actively.
The Bank of Canada has reduced interest rates during the last seven political meetings, although some economists expect a break on April 10, since Canada deals with increasing prices due to US tariffs.
“At the same time, the current trade voltages and a weak Canadian dollar encourage them to stay with a growing feeling of patriotism, more families, north of the border,” said Soper. “For many, the calling of US trips has decreased and shaped the new interest in Canadian leisure properties.”
Nevertheless, he said that some buyers do not withdraw because of their personal financial circumstances, “but pursue a waiting period when they are looking for clarity about the US trade dispute and the upcoming national elections.”
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Shopify Inc. takes steps to increase investments in the Canadian e-commerce company.
The company announced last week to transfer its US stocks from the New York Stock Exchange to the Nasdaq Global Select Market, which could give him a place on the Nasdaq 100.
“It is included in this index with more purchasing power for a share,” Matthew Maley, Chief Market Strategist at Miller Tabak + Co, told Bloomberg News.
The movements seem to pay off because the stock has increased by 16 percent since last week.
Read more here.
- 1:30 p.m.: The Bank of Canada publishes its summary of the consultations for its interest in March 12 on March 12th on March 12th
- Today's data: US long -lasting orders for February
- Today's income: Bank of China Ltd., Cintas Corp., Canada One Mining Corp., BRP Inc.
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