Earlier today RE/MAX released its 2009 Recreational Property Report.
Starting prices for properties in high end Ontario markets like Port Carling, Bala, Midland and Collingwood saw significant declines of 10 to 15 percent and currently sit at around $450,000 to $550,000.
Some low to mid-range markets such as Parry Sound, Temagami, Haliburton and Huntsville held constant entry level prices with almost no measurable change at all. Parry Sound shows one of the lowest entry level price points in the province at $185,000.
A few markets like Grand Bend and Bancroft saw starting prices increase 10 to 15 percent.
The RE/MAX report notes a significant increase in demand from Generation X buyers in this year's report.
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