From June 1st to June 15th there were 15 price reductions on the three big lakes, (including river properties from which you can boat directly to one of the big lakes.)
Lake Muskoka had 9 price reductions
Lake Rosseau had 5 price reductions
Lake Joseph had 1 price reduction
90% of the price reductions in May were for cottages that had been on the market in 2007 , did not sell, and were put on the market again in 2008.
Of the 15 price reductions in June , 7 of them were for cottages that were new to the market this year, and were not listed last year.