As we approach the end of the year’s second quarter we are starting to see a real slowdown in Canadian home sales. This trend is largely down to the Toronto market, with the province of Ontario recently introducing measures to purposefully cool the booming market.
Make sure you know what lies ahead when you decide to renovate your new home in Canada. From the finances to the finished product and everything in between, it will take a lot of planning.
The Canadian housing boom may be showing signs of exhaustion, but strong demand in Toronto and surrounding areas is helping to keep home prices rising.
There are many reasons why you may want to rent a home before taking the plunge and buying a property in Canada. Whatever your reasons there are some important considerations you should be aware of.