BREAKING NEWS - COTTAGE CRISIS - Why Cottages Just Won't Sell Anymore

🏠 Cottage Country is in crisis. Prices are falling, listings are piling up, and sellers can’t move their properties. In this video, I break down why cottages just won’t sell anymore in Canada — and what it means for buyers and owners heading into 2026.

The once thriving market for cottages in Canada is now facing a major downturn. For years, owning a cottage was seen as a symbol of success and a popular investment for many Canadians. However, the current state of the market has left many buyers and owners scratching their heads.

So what exactly is causing this cottage crisis? One major factor is the rise in prices. As demand for cottages increased, so did their prices, making it increasingly difficult for buyers to afford them. In addition, with the pandemic forcing many people to work remotely, the desire for a cottage as a second home has also increased, further driving up prices.

But now, with the easing of pandemic restrictions and the return to in-person work, the demand for cottages has decreased. This has led to a surplus of listings, making it harder for sellers to find buyers and resulting in a decline in prices.

Another contributing factor to the cottage crisis is the changing demographics of buyers. In the past, the majority of cottage buyers were older, wealthier individuals who were looking for a retirement property. However, with the rise of cottage prices, younger generations are now finding it more difficult to enter the market. This has led to a decrease in demand and further added to the surplus of listings.

So what does this all mean for buyers and owners? Well, for buyers, it may be a good time to start looking for a cottage as prices are lower and there is a higher chance of negotiating a better deal. However, for current owners, it may be a challenging time to sell. It is important to be realistic with pricing and potentially consider renting out the property to generate income until the market improves.

As a mortgage advisor, I understand the challenges that both buyers and owners are facing in this cottage crisis. That's why I am here to help. If you are considering purchasing a cottage or need guidance on navigating the current market as an owner, book a call with me, Justin Chausse. Together, we can find the best solution for your individual situation.

Don't let the cottage crisis discourage you from achieving your dream of owning a cottage. Book a call with me today to discuss your options and find a way forward.

Book a call with Justin Chausse