Sales of properties valued at $2 million or more have been rising over the last year, hitting record levels at the end of 2014.
Waterfront sales in the popular cottage region for the first four months of this year have been at their highest since 2010, according to the Lakelands Association of Realtors.
Sales volume was up 44.8 per cent compared to the same period in 2014. Christie’s reported a 66 per cent increase in sales for last year compared to 2013.
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Investment Hot Spots:
Baie-D'Urfé, Framboise, Pictou Landing, Admaston, Severn Falls
The Ontario district of Muskoka is experiencing a resurgence in interest especially among high-end buyers.