As the Ontario cottage market navigates a period of sluggish activity, a surprising trend is emerging: an uptick in American interest. Fueled by a strong U.S. dollar and political uncertainty south of the border, roughly 25 per cent of Ontario real estate experts report an increase in inquiries from U.S. buyers. While the market remains in a ‘grinding’ phase—with inventory levels 50 per cent above historic averages and average days on market for Muskoka waterfront properties climbing to 95 days in early 2026—the allure of Canada’s scenic lakes remains a powerful draw for international investors. Experts note that while the lower-priced segment may face minor price erosion, high-end properties continue to hold value. For those watching the GTA recreational market, this shift offers a unique perspective on how global volatility impacts local demand. Read the full story at The Star for deeper insights into the current state of Ontario’s recreational real estate landscape.
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