Canadian Real Estate Renovation Trends (2021)

Author: External Author | | Categories: First Mortgage , Second Mortgage

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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 conditions across the Canadian real estate market. The RE/MAX 2021 Renovation Investment Report found that more than half of Canadians renovated their home last year for personal or “non-ROI” purposes, with three in 10 (29 per cent) choosing to renovate for non-essential “lifestyle” reasons, such as recreation-inspired projects.

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Original Article Source Credits:   REMAX , https://blog.remax.ca/

Article Written By:  NA

Original Article Posted on:  April 6th, 2021

Link to Original Article:  https://blog.remax.ca/canadian-real-estate-renovation-trends/

  • Mortgage Agent Prince George
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