2019 Recreational Property Report Canadian Millennials’ interest in recreationa…

2019 Recreational Property Report

Canadian Millennials’ interest in recreational property ownership is higher than ever.

The RE/MAX 2019 Recreational Property Trends survey conducted by Leger finds that the majority of Millennials (56 per cent) are in the market to purchase a recreational property.

Key findings:

40 per cent of Canadians are in the market for a recreational property, 56 per cent of Millennials are in the market for a recreational property.

30 per cent of Canadians who say they use or would use a recreational property as an investment opportunity, Millennials rank highest at 33 per cent, compared to Boomers at 28 per cent.

More than half (54 per cent) of Canadians who own or are considering owning a recreation property are willing to travel up to two hours, 24 per cent saying they would travel two hours. Slightly less (22 per cent) are willing to travel three or more hours.


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2021 AirDNA Trend Report

REPORT: If you have a vacation rental, or you're looking to get into the short rental market, then Airdna has a great report for you. Interesting to see the trends. Take a look at the report, and post any questions you have about the Greater Edmonton Area and I'll do my best to answer them for you.

https://www.airdna.co/blog/2021-airdna-trend-report

2021 AirDNA Trend Report

We compiled the 10 most dominant short-term rental trends of the year and what they mean for the future. Welcome to the 2021 AirDNA Trend Report.

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Edmonton housing market in 2020 a ‘pleasant surprise’ for buyers and sellers, says monthly report

Jennifer Lucas, chairwoman of the Realtors Association of Edmonton, said she’s still cautiously optimistic the market is rebounding.

Edmonton housing market in 2020 a ‘pleasant surprise’ for buyers and sellers, says monthly report

Overall residential sales increased by 20.11 per cent from August 2019, while single-family homes jumped up 22.98 per cent, according to the latest Realtors Association of Edmonton report. Condo sales did see a slight decline of 0.97 per cent.

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Alberta housing markets may surprise investors post-recovery – report

Calgary’s real GDP will likely shrink by 5.5%, while Edmonton will likely see a 5.6% decline, CTV News reported.

Alberta housing markets may surprise investors post-recovery – report

Should COVID-19’s impact be moderated and the Albertan economy restarts in the next few quarters, the Calgary and Edmonton housing markets might see recovery sooner than expected.

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