A year in real estate review: Toronto's biggest trends of 2020
"Those low interest rates means they now have the money to get those extra luxuries." Those who don't want to move or can't afford to do so, are considering other options like upgrading their current home or adding an extension. The Municipal Property Assessment Corporation (MPAC), an organization that assesses and classifies the value of all properties in Ontario found that this year more people were renovating their homes. Renovations up across Ontario "With people spending more time at home... we saw a 28% increase in the number of renovation permits this year as people invested in ...
Source: cbc.ca