April 15, 2021
Recreational housing includes residences that are used as a secondary “vacation” home. According to Phil Soper, the line between recreational and residential housing is blurring in this pandemic era. Royal LePage has predicted that Canada’s recreational housing market will increase by 15% this year alone! For Canmore, that market is predicted to have a 6% increase for 2021.
Brad Hawker, the Broker of Royal Lepage Rocky Mountain Real Estate discussed the forecasted 2021 price increases for Alberta’s recreational housing market with CTV News.
In this article, Brad discusses the new wave of young and middle-aged buyers wanting to live in Canmore, especially with the increased number of remote workers that want to have a scenic place to work. It seems as though people’s mindsets are shifting away from bustling city living to find more scenic places to work online.
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