Now that the March school break and holidays are behind us, we should continue to see an uptick in sales activity and prices as we move through April. With anticipated interest rate cuts on the horizon, we will see more buyers come off of the sidelines and compete for available inventory. Tight supply conditions, particularly in the coveted detached segment, will continue to drive higher home prices for the foreseeable future.
For more details on the Q1 market analysis and latest Spring 2024 Recreational Property Report, please visit this month’s edition of our Real Estate Facts & Figures .