Recreational Property Report for 2019
The RE/MAX 2019 Recreational Property Trends survey conducted by Leger finds that the majority of Millennials (56%) are in the market to purchase a recreational property.
More than half of Canadians (54%) who already own or are thinking about buying recreational property are willing to travel up to 2 hours, with 24% saying they would travel 2 hours and 22% saying they would travel 3 or more hours.
Of the 30% of Canadians that say they see recreational property as an investment opportunity, Boomers rank 28% and Millennials rank slightly higher at 24%.
As a whole, 40% of Canadians are in the market for a recreational home while 56% of Millennials are currently in the market for the same.
Would you like more information relating to recreational properties available in Merritt and Nicola Valley region? We’d love to hear from you! Contact Us.