By Kim Pemberton | Vancouver Sun
The low dollar is helping lure Canadian recreational property buyers back home and away from the U.S. sunbelt, Re/Max’s annual recreational property report suggests.
Buyers from Alberta and Saskatchewan who used to purchase recreational property in hot spots like Arizona and Florida are now buying in B.C.’s Interior, where recreational housing sales are rising, according to Elton Ash, regional executive vice-president for Re/Max of Western Canada. The increase in some areas is striking — in the North Okanagan, for example, unit sales surged 51 per cent compared to last year, to 223 this May compared to 148 units a year earlier.
