Home Renovation

Over half of Canadian homeowners are planning renovations after a year of the pandemic

After a year of the pandemic, Canadian homeowners are more likely to plan renovations than buy and sell their current property or purchase an investment home, despite an active housing market, a Scotiabank poll revealed.¬†Six in ten Canadian homeowners are planning to renovate in the next 2 years, with backyards, kitchens and bathrooms topping the […]

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Canadians invest in home renovations to improve their quality of life, not to add value to their home

A new report by RE/MAX Canada is shedding light on shifting consumer trends in home renovations and the perceived return on investment (ROI), as impacted by COVID-19 and historically tight market conditions. The RE/MAX 2021 Renovation Investment Report found that more than half of Canadians renovated their home last year for personal/non-ROI purposes, with three-in-ten (29 per cent) choosing to […]

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