Young people in the GTA hardly have any hope of owning a home here, let alone a second vacation property. But with housing markets struggling across much of the country, one may wonder where Ontario cottage prices sit right now. Realty giant Royal LePage just released a report on the state of coveted waterfront markets like Muskoka, which includes some expert forecasts for what's ahead for cottage country. (This is 4.5 per cent more than last year, despite there being 14.3 per cent fewer sales.) Sales volumes in these areas shifted by 22.2 per cent (PEC), 25 per cent (Orillia) and -57.1 per cent over the same time period.