Home renovation costs keep climbing, but at a slower pace than previous year - Mortgage Rates & Mortgage Broker News in Canada

In this episode, we begin with an introduction and a sponsor mention before diving into the trends and factors influencing home renovation costs in Canada. We examine regional renovation cost trends, focusing on Montreal and Ottawa. The discussion then turns to home equity financing options available for homeowners planning renovations. We explore the motivations driving individuals to undertake home renovations and the impact of these projects on property value. The episode concludes with closing remarks and a reminder from our sponsor. (0:00) Introduction and sponsor mention (0:36) Trends and Factors in Home Renovation Costs in Canada (2:14) Regional Renovation Cost Trends in Montreal and Ottawa (2:36) Home Equity Financing for Home Renovations (3:00) Motivations for Home Renovations (3:36) Closing Remarks and Sponsor Reminder