It’s no secret that Canada’s hot housing market is causing anxiety with home sales and prices that are cooling off slightly from this spring, but remain historically high1. A new survey from Zillow and Ipsos reveals that affordability is a top concern, but Canadians are dreaming of a new home and using online tools to help them […]
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Making it Easier for Middle Class Canadians to Buy Their First Home
Every Canadian deserves to have a safe and affordable place to call home. That is why the Government of Canada is helping middle class Canadians buy their first home through the First-Time Home Buyer Incentive. They have launched of the expansion of the First-Time Home Buyer Incentive for Toronto, Vancouver, and Victoria, as proposed in the Fall Economic Statement. Starting today, May […]
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 […]
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 […]
75% of U.S. and Canadian households are planning home improvements this Spring Black Friday
With the arrival of spring, the home improvement and renovation season is upon us. A new survey from Flipp, the go-to free shopping and savings app, reveals over three quarters of households across the U.S. and Canada are planning at least one home improvement project this spring. Even with the current COVID climate, shoppers are planning to set […]