PSR Muskoka Market Report | March 2022

  • PSR Brokerage
  • 04/21/22

Sales of both non-waterfront and waterfront properties were down compared to last year’s astronomical records but still posted strong showings in March. Activity for non-waterfront homes fared slightly better, holding up overall sales at the third best March in history," said Chuck Murney, President of the Lakelands Association of REALTORS®. "For housing markets of both types of homes the missing ingredient is still new supply, which is experiencing a more severe shortage for waterfront properties between the two. We’ll have to wait and see how many new listings come to market in the spring, but it’s going to take a substantial influx to start tilting the market back towards balanced territory and cool off the strong double-digit price growth we’re seeing now.


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