Canada’s Cottage Market Shows Mixed Signals in 2026 as Prices Rise but Activity Slows in Key Regions

Canada's recreational housing market shows steady demand but cautious buyer behavior, with moderate national price growth of about 4% projected for 2026. Waterfront property prices fell 5.2% in 2025, while recreational condos rose 2.1%. Atlantic Canada saw the highest growth at 11.8%, with Manitoba and Saskatchewan expected to lead gains. Inventory remains limited, sales take longer, and some urban returnees are boosting condo markets.