Realtors are starting to report increased interest in recreational properties though and if summer conditions prevail then sales should grow.
Jim Marshall, a realtor in Parry Sound said things are now starting to pick up. “Weather has a huge impact on this industry.
"We didn’t really get any traction until almost Canada Day, but I’ve done five deals in the last week and a half," he told the Toronto Star
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Investment Hot Spots:
Kingston, Macoun, Déléage, Huron Shores, Ste. Anne
The lower cost of gasoline is helping boost sentiment in the cottage sector, although poor weather has meant a sluggish start to the season.