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Alberta’s recreational real estate market is expected to have another banner year, further adding to the value of the province’s already pricey vacation home market, a new report predicts.
Royal LePage 2021 Spring Recreational Property Price Forecast predicts the aggregate price of a vacation property in Alberta will rise by six per cent to about $942,881. That’s less than the predicted national average of about 15 per cent year over year. Yet the average price of a recreational home in Canada is expected to only reach about $502,000.
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