As the average price of a home in Canada rises year-over-year, a new study is highlighting the growing gap between the cost of condominiums and houses in major Canadian cities. CTVNews.ca has compiled a list of houses and condos that are currently on the market, while comparing average prices between both property types.
As more Canadians pass their family cottages down to the next generation, major shifts in the ownership of recreational homes will occur, according to Re/Max. But amid concerns around the cost of housing, some may be wondering whether they can afford to keep that family cottage. Here s what younger generations need to know about inheriting a recreational property and the market today.