Lakelands (Muskoka & Area) (MLS® HPI)

Canadian Real Estate Association (MLS® HPI) published a composite benchmark price of $618,400 for Lakelands (Muskoka & Area) in August 2026, down 5.5% year over year and down 1.0% on the month.

Across the 35 months on record — October 2023 to August 2026 — the benchmark for Lakelands (Muskoka & Area) fell 7.8%, from $670,900 to $618,400.

The high over that window was $678,900 in May 2025; the benchmark now sits 8.9% below it.

The low was $591,100 in February 2026.

Published benchmarks for Lakelands (Muskoka & Area) were $639,200 for detached homes in August 2026, $518,800 for townhouses in August 2026 and $426,400 for apartments in August 2026.

The segments have not moved together: apartments lost 8.1%, detached homes lost 8.2% and townhouses lost 10.7% over the window — a spread of 2.6 percentage points between apartments and townhouses.

These are figures published by Canadian Real Estate Association (MLS® HPI) for Lakelands (Muskoka & Area). The comparisons above — the change over the window, the distance from the high and the spread between property types — are arithmetic compiled by this publication from 35 monthly releases, October 2023 through August 2026.