The median price of a recreational single-family home in Canada is forecast to increase four per cent this year to $604,552 by Royal LePage, a modest rise tempered by worries over the economy.
For cottage consumers looking to own a luxury vacation property without the work that entails, developer Density Group Ltd., has begun selling lots at Ritz-Carlton Residences, on an exclusive island in Ontario's Muskoka region north of Toronto.
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