Canadian pandemic homebuyers have zero regrets

Vancouver, Toronto, Calgary

2022/09/26

Despite the current uncertainty, Canadians who purchased a home during the COVID-19 pandemic have no regrets. Following the pandemic lockdowns, what Canadians prioritized in their homes changed. A nice kitchen that was a must before, was re-prioritized as home offices and space to entertain family became more important. Also, the pandemic sales highlighted an attitude felt by many Canadians “If I don't buy now, I may never be able to buy.” 58% of pandemic homebuyers who waived financing and inspections are happy with their home. In addition, 84% of homebuyers who paid above list price don't regret it.