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National Post
11 hours ago
- Business
- National Post
The markets: A cautious return to cottage country
Despite a raft of challenges in 2025 — delayed listings, shifting buyer priorities, broader economic and political uncertainty — Ontario's recreational property market is showing signs of stabilization following several years of pandemic-fuelled volatility. Article content According to Royal LePage, the median price of a single-family recreational home in Canada is forecasted to rise by 4 percent in 2025, with all provincial markets expected to experience some level of price growth. In Ontario, a late spring thaw pushed back listing activity, particularly for seasonal properties, many of which remained inaccessible or unprepared well into April. Article content Article content Article content 'The delayed thaw meant many sellers waited until mid- to late spring to list their cottages,' says Pauline Aunger, broker of record with Royal LePage Advantage Real Estate in Smiths Falls, Ont. 'Seasonal cottages weren't open yet. Water lines weren't in, docks weren't in and interiors were still cold.' Article content Despite the slower start, interest remains 'consistent,' Aunger says. While some buyers are taking a wait-and-see approach due to political concerns and financial market volatility, others are showing motivation. A recent Royal LePage survey found that nearly half of recreational real-estate professionals reported stable buyer demand compared to 2024. Article content Meanwhile, affordability and practicality are increasingly shaping buyer decisions. Properties with reliable high-speed Internet access, year-round road maintenance and potential for primary residence use are in higher demand, Aunger says, particularly among buyers looking to work from the dock. Article content Article content Short-term rental regulations are also influencing market behaviour. In Ontario, 36 percent of real-estate professionals surveyed by Royal LePage reported a dip in buyers intending to rent out recreational properties, as new restrictions limit cottages' income-generating potential. Article content REMAX's 2025 Canadian Cabin and Cottage Trends Report also notes that trade tensions and policy shifts have impacted buyer confidence. Approximately one in five potential buyers indicated that they were postponing purchasing decisions due to U.S. tariff concerns. However, lower interest rates have improved affordability, helping to sustain moderate activity levels. Families now represent the majority of buyers in Ontario's recreational markets, a shift from previous years when retirees dominated.


Globe and Mail
19-05-2025
- Business
- Globe and Mail
Garden State Cash Homes LLC Expands Operations to Service Homeowners Across All 21 Counties in New Jersey
The company announces a significant expansion to assist homeowners sell their house fast and as-is in New Jersey Garden State Cash Homes LLC, a dedicated partner for homeowners seeking to sell their house fast in any condition in New Jersey, is pleased to announce a major expansion aimed at increasing its capacity and broadening its service offerings. This expansion is a strategic move to address the demand of homeowners wanting to sell their houses fast and to strengthen their market presence in all 21 counties in New Jersey. The expansion will allow Garden State Cash Homes LLC to work with more property owners looking to sell their house off the market or listing them on the market with a realtor, ultimately delivering greater value to homeowners in all of New Jersey. The company has added more real estate professionals to their network, this includes attorneys, realtors, title companies, home inspectors and contractors as part of this expansion, ensuring it can continue to meet the needs of homeowners in New Jersey. 'Our expansion is a testament to our ongoing commitment to innovation and homeowner satisfaction,' said Bry Baldwin, Real Estate Investor. 'As property owners continue to look for ways to sell their houses fast, this expansion will ensure that we remain at the forefront of buying and sell houses and continue to provide homeowners with the highest level of service.' With this expansion, Garden State Cash Homes LLC is well-positioned to capitalize on new opportunities in New Jersey, further cementing its role as a key player in the real estate market. For more information about Garden State Cash Homes LLC and its expanded services can help people who are looking to sell their houses fast in New Jersey, visit About Garden State Cash Homes LLC As much as Garden State Cash Homes LLC enjoys flipping houses their focus is to provide the best service homeowners weather it is buying the house or refer homeowners to a realtor in their network at no charge to the homeowner. Media Contact Company Name: Garden State Cash Homes LLC Contact Person: Bry Baldwin Email: Send Email Phone: 732-372-0940 Country: United States Website: