Muskoka Market Report to Year to Date | Jan – Oct 2020

Presented by Chris Kapches, President/CEO Chestnut Park Real Estate   In 2020 we have witnessed the first government-induced recession. In an effort to protect the health and safety of its citizens, the Ontario provincial government, and others throughout the world, shut down the economy. This process began in March, and in various degrees, it continues to this very day. These shutdowns were, of course, a reaction to the coronavirus and the world-wide pandemic.   Interestingly, the shutdown of the economy, the physical and psychological effects of the pandemic, and ultimately the government’s efforts to assist those negatively and economically impacted…