{"id":12982,"date":"2021-05-05T09:00:00","date_gmt":"2021-05-05T16:00:00","guid":{"rendered":"https:\/\/www.roomvu.com\/academy\/?p=12982"},"modified":"2021-05-05T03:12:02","modified_gmt":"2021-05-05T10:12:02","slug":"canadian-recreational-house-prices-forecast-to-increase-15-in-2021","status":"publish","type":"post","link":"https:\/\/www.roomvu.com\/academy\/canadian-recreational-house-prices-forecast-to-increase-15-in-2021\/","title":{"rendered":"Canadian recreational house prices forecast to increase 15% in 2021"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.roomvu.com\" target=\"_blank\" rel=\"roomvu.com noopener\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"178\" src=\"https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-1024x178.jpg\" alt=\"\" class=\"wp-image-12734\" srcset=\"https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-1024x178.jpg 1024w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-300x52.jpg 300w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-768x133.jpg 768w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-1536x266.jpg 1536w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-scaled.jpg 2048w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-1250x217.jpg 1250w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-400x69.jpg 400w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-4-3 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Check out my latest video Canadian recreational house prices forecast to increase 15% in 2021\" width=\"500\" height=\"375\" src=\"https:\/\/www.youtube.com\/embed\/g9_Zr0cWLho?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>Based on a report by Royal LePage the aggregate price of a house in Canada\u2019s recreational regions is forecast to rise by 15% in 2021 to around $502,730. meanwhile, there is much more demand than there is supply in the market. There are simply more people in the market who want to buy a home.\u00a0<\/p>\n\n\n\n<p>From the beginning of the pandemic when traveling was not an option and people could work from home, demand for recreational homes increased. High-speed internet and remote work made it possible for people to live anywhere they like.&nbsp;<\/p>\n\n\n\n<p>Among the other cities, Ontario and Atlantic Canada are forecast to see a bigger increase in the pierce of recreational homes around 17%. On the other hand, Quebec and BC might see a smaller increase around 15% and 13% respectively.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.roomvu.com\" target=\"_blank\" rel=\"roomvu.com noopener\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"178\" src=\"https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-1024x178.jpg\" alt=\"\" class=\"wp-image-12734\" srcset=\"https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-1024x178.jpg 1024w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-300x52.jpg 300w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-768x133.jpg 768w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-1536x266.jpg 1536w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-scaled.jpg 2048w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-1250x217.jpg 1250w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-400x69.jpg 400w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p>This situation has resulted in homes getting multiple offers where homes sell more than the asking price which pretty new in the Canadian housing market. This is pretty frustrating for homebuyers and also for their agents. Home sellers are worried they can\u2019t buy a home before they sell due to the fast pace of increasing prices.&nbsp;<\/p>\n\n\n\n<p>47% of Canadian aged 25 to 33 years old say they would rather live in a small town or in the country compared to 45% who wish to live in a city. The first group believes the remote-work option is an important factor while choosing a job.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Based on a report by Royal LePage the aggregate price of a house in Canada\u2019s recreational regions is forecast to rise by 15% in 2021 to around $502,730. meanwhile, there is much more demand than there is supply in the market. There are simply more people in the market who want to buy a home.\u00a0 &hellip;<\/p>\n","protected":false},"author":1,"featured_media":12984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[917],"tags":[],"class_list":["post-12982","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-trends"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.7 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Canadian recreational house prices forecast to increase 15% in 2021 - roomvu Academy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roomvu.com\/academy\/canadian-recreational-house-prices-forecast-to-increase-15-in-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canadian recreational house prices forecast to increase 15% in 2021\" \/>\n<meta property=\"og:description\" content=\"Based on a report by Royal LePage the aggregate price of a house in Canada\u2019s recreational regions is forecast to rise by 15% in 2021 to around $502,730. meanwhile, there is much more demand than there is supply in the market. There are simply more people in the market who want to buy a home.\u00a0 &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.roomvu.com\/academy\/canadian-recreational-house-prices-forecast-to-increase-15-in-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"roomvu Academy\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/roomvu\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-05T16:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/05\/Canadian-recreational-house-prices-forecast-to-increase-15-in-2021-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"723\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Academy Content Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Academy Content Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Canadian recreational house prices forecast to increase 15% in 2021 - roomvu Academy","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.roomvu.com\/academy\/canadian-recreational-house-prices-forecast-to-increase-15-in-2021\/","og_locale":"en_US","og_type":"article","og_title":"Canadian recreational house prices forecast to increase 15% in 2021","og_description":"Based on a report by Royal LePage the aggregate price of a house in Canada\u2019s recreational regions is forecast to rise by 15% in 2021 to around $502,730. meanwhile, there is much more demand than there is supply in the market. There are simply more people in the market who want to buy a home.\u00a0 &hellip;","og_url":"https:\/\/www.roomvu.com\/academy\/canadian-recreational-house-prices-forecast-to-increase-15-in-2021\/","og_site_name":"roomvu Academy","article_publisher":"https:\/\/www.facebook.com\/roomvu\/","article_published_time":"2021-05-05T16:00:00+00:00","og_image":[{"width":1200,"height":723,"url":"https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/05\/Canadian-recreational-house-prices-forecast-to-increase-15-in-2021-2.jpg","type":"image\/jpeg"}],"author":"Academy Content Team","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Academy Content Team","Est. reading time":"2 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