If you're on the hunt for the perfect summer hideaway, be prepared to spend more on your cottage, camp or cabin this season. "While home values and sales activity in Canada's largest urban markets have softened, demand for recreational properties remains robust in most regions." Coast-to-coast fluctuationsNot all of Canada's biggest property markets, however, are expected to see prices climb in the recreational segment this year. (Jeff McIntosh/Canadian Press)"With Canada's fastest growing economy, British Columbia's vast and varied recreational regions might be expected to lead the country," said Soper. "That will not be the case in the near-term as new taxes aimed specifically at recreational property owners are expected to weaken markets across the province, driving would-be purchasers to invest elsewhere."

Source: CBC News June 06, 2018 10:01 UTC