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Demand for recreational properties in the Prairies is being propelled primarily by young families, followed by young couples and retirees. Retirees are commonly seen selling their recreational properties south of the border in favour of buying closer to home, due to the strong US dollar. The most sought-after recreational amenities are boating, fishing and beaches.
The recreational property market in British Columbia is being driven primarily by retirees. Other emerging trends include couples and young entrepreneurs seeking work/life balance, and recreational property buyers cashing in on expensive urban housing markets. Across the board, the region is experiencing a seller’s market due to lack of recreational inventory. The amenities in greatest demand are beaches and skiing facilities.
