As Canadian homeowners enter another year in a worldwide pandemic full of uncertainty, one thing is clear: home renovations and repairs are more popular than ever. In a recent survey by HomeStars, almost three quarters (74 per cent) of Canadian homeowners are planning to improve their homes in 2021. “Despite the pandemic, last year was incredibly […]
Canadians spend big on self-care throughout pandemic
An overwhelming majority of Canadians (98%) say their self-care habits are here to stay in a post-pandemic world, according to a Scotiabank Survey. Most Canadians (79%) are partaking in at least one self-care activity since the pandemic began and nearly 60% of those are spending an average of $282 on self-care in the past 12 months. The […]
Canadian housing market sees imbalances increase in large cities and smaller centres
Sustained housing price increases still outpacing the recovery in fundamental factors, such as labour income, means Canada’s national housing market remains moderately vulnerable, with more pronounced vulnerabilities in large cities and smaller centres. This analysis is according to the Canada Mortgage and Housing Corporation (CMHC)Housing Market Assessment (HMA) released today.The current HMA is based on preliminary data up to […]
While Sentiment Shifts for First-Time Homebuyers, Most Plan on Using their Pandemic Savings for the Down Payment
BMO has issued the first in a two-part series of releases taking the pulse of first-time homebuyers and diving into their views on the Canadian housing market. While the survey shows a drop in how first-time buyers feel about market affordability amid today’s sizzling market, some regions show a different story with buyers in Western Canada feeling […]
Canadian seniors re-evaluating aging priorities in light of pandemic
As we reach the one year mark of COVID-19 lockdowns, and as vaccine rollout ramps up, many are considering how life will be different post-pandemic. New research from Home Instead, Inc.1 confirms that Canadian seniors – the demographic hardest-hit by the pandemic – are re-evaluating what’s important as they age. Approximately two-thirds (69 per cent) of […]