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Global News Reports on Royal LePage's Canadian Recreational Housing Survey - Features Frank

Blog by Frank Ingham | December 1st, 2020

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Canadian recreational house prices soar 11.5% as
remote work drives demand in cottage country.

“Demand has far outpaced supply in Whistler and Pemberton. New developments are coming online but the inventory relief can’t get here fast enough for buyers,” said Frank Ingham, associate broker, Royal LePage Sussex. “For the first nine months of 2020, sales have been up 40% compared to the same period in 2019. Demand has been mostly driven by remote workers who want to move to the mountains but remain close to Vancouver.”